New inflation gauge would cut benefits, hike taxes

Dec 4, 2012 | Posted by: roboblogger | Full story: KMOV-TV Saint Louis

Tweaking the way the government measures inflation sounds like an obscure method to help reduce budget deficits, but over time it would lead to significantly lower Social Security benefits while increasing taxes, mainly on low- and middle-income families.

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Lance Winslow

San Jose, CA

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#1
Dec 4, 2012
 

Judged:

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1

Trust the GOP to try to force their agendas on social security, abortion, civil rights, Medicare, and collective bargaining when the issue on the table is taxes.

“It's a Brand New Day”

Since: Feb 06

New Rochelle

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#2
Dec 4, 2012
 

Judged:

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That's the bad news, the good news is that the very rich will get much richer.

If you are a billionaire, vote GOP,
Far Away

Anchorage, AK

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#3
Dec 4, 2012
 

Judged:

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If you're smart, you vote GOP, Billy. Otherwise, you get a White House and Senate full of "social justice" [code for fiscal socialsts] "progressives" [code for soft marxists].
Bank of Duck

Nha Trang, Vietnam

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#4
Dec 4, 2012
 
Mr_Bill wrote:
That's the bad news, the good news is that the very rich will get much richer.
If you are a billionaire, vote GOP,
Dr. Bill_phd! it's dat dude John Deere frum OhiO!!;-000h, In God Hu Trust!!!;-000000h, hope Lance Armswrong wil Withness dis One!!;-00000
Bank of Duck

Nha Trang, Vietnam

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#5
Dec 4, 2012
 
Lance Winslow wrote:
Trust the GOP to try to force their agendas on social security, abortion, civil rights, Medicare, and collective bargaining when the issue on the table is taxes.
Lance! U like Gods or Saints!!;-00000
Bank of Duck

Nha Trang, Vietnam

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#6
Dec 4, 2012
 
Far Away wrote:
If you're smart, you vote GOP, Billy. Otherwise, you get a White House and Senate full of "social justice" [code for fiscal socialsts] "progressives" [code for soft marxists].
Saints Romney TV!!;) happy new yr 2U!!;-00
http://www.youtube.com/watch...
Happy New Yr

Nha Trang, Vietnam

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#7
Dec 4, 2012
 
Happy Nu Yr to Topix Class of 2012!!
http://www.youtube.com/watch...
sorry kindda early butta some think2kissinger!!

:-000000000

“Yeah, but...”

Since: Sep 11

MILKY WAY

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#8
Dec 5, 2012
 
"Over time, fewer people would be eligible for antipoverty programs like Medicaid, Head Start, food stamps, school lunches and home heating assistance because annual adjustments to the poverty level would be smaller, leaving fewer people under the official poverty line."

What's wrong with that? Isn't that the objective, to have fewer people in poverty?

Added bonus: Obama supported the idea last year.

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