Social security has nothing to do with the deficit or the national debt. Until just recently, congress could dip into the trust fund every year for more money . Now that the "trust fund" is full of IOU s that congress has to pay back, they are suddenly calling social security an entitlement and want to chinch out of paying what they owe..
(CNN)-- President Barack Obama's upcoming budget plan, which according to senior administration officials will include proposed changes to Social Security and Medicare plus some new tax increases in an effort for the president to reach a deal with Republicans on deficit reduction, quickly drew criticism from liberal groups on Friday.
The progressive group MoveOn.org
labeled the president's proposed changes to Social Security as "unconscionable" and Democracy for America called the cuts "profoundly disturbing."
"Millions of MoveOn members did not work night and day to put President Obama into office so that he could propose policies that would hurt some of our most vulnerable people," read a statement from Anna Galland, executive director of the group.
The budget will include an offer Obama made to House Speaker John Boehner in December, officials said. That proposal included $400 billion in savings to Medicare over 10 years.
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"The president's budget to be presented on Wednesday will show how we can invest in the things we need to grow our economy, create jobs and strengthen the middle class while further reducing the deficit in a balanced way," a senior administration official said.
But Boehner said he and the president were never able to reach an agreement because Obama's "offers never lived up to his rhetoric," a reality he said still exists.
"When the president visited the Capitol last month, House Republicans stated a desire to find common ground and urged him not to make savings we agree upon conditional on another round of tax increases. If reports are accurate, the president has not heeded that call," Boehner said in a statement.
For Social Security, Obama plans to propose a switch to a key Republican request called "chained CPI," which is an inflation formula.
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Proponents say chained CPI is a more accurate way to measure inflation than the way it's done now, which they say overstates growth in consumer prices. Some critics have said chained CPI is not a better way to measure inflation for Social Security recipients, because they spend so much on health care, which rises faster than inflation.
Go tell your President, it's HIS budget cut. Maybe if Airforce one stayed on the ground more, but wait, what does it matter, last term President doesn't give a crap and now it shows.