The Fiscal Commission released its final report today, and it has once again been caught loading the dice. The Social Security cuts that the Commission unveiled are virtually indistinguishable from the Co-Chairs’ initial proposal a few weeks ago—save for one clever new distortion. The Commission is now vastly inflating the effects of its “hardship exemption” to the increased retirement age for workers in physically demanding jobs, in order to whitewash the cuts its plan would inflict on the working poor.
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