by Richard Eskow | Apr 10, 2013 | Chained CPI
That was fast. Yesterday we suggested that the chained-CPI cut in President Obama's budget, which was presented as a gesture to Republicans, might instead be used to rebrand Democrats as "the anti-Social Security party." It took them fifteen minutes. A GOP official...
by Richard Long | Apr 9, 2013 | Chained CPI
Opponents of President Obama’s ”chained CPI” proposal to reduce cost-of-living increases in Social Security protested in front of the White House this afternoon, bringing with them boxes of petitions bearing two million signatures urging the president to not include...
by Richard Eskow | Apr 9, 2013 | Chained CPI, The Sequester
It's time to think the unthinkable: The leader of the Democratic Party is about to submit a budget which cuts Social Security benefits. Party officials are reportedly promoting candidates with no track record on key issues and no apparent interest in politics. And...
by Richard Eskow | Apr 6, 2013 | Chained CPI
With all the controversy over the President's proposed "chained CPI" cuts to Social Security, it's worth noting the effect the economy is already having on Social Security benefits. We're seeing a growing divide between the "penthouse economy" and the one the rest of...
by Richard Eskow | Apr 6, 2013 | Chained CPI
This week it was announced that President Obama’s next budget will include a benefit cut to Social Security in the form of the “chained CPI,” a recalculation of cost-of-living increases at a lower rate. This move was met with dismay among progressive activists, which...
by Roger Hickey | Apr 5, 2013 | Chained CPI
President Obama’s decision to include cuts to Social Security benefits in his budget is wrong policy and dumb politics. His chained CPI plan is wrong because it hurts Americans who have worked hard their entire lives and who need the support that Social Security gives...