by Terrance Heath | Dec 20, 2012 | Blog, Chained CPI
Yesterday, I posted that progressive leaders in Congress are saying "No Deal" to "fiscal cliff' deals that cut Social Security benefits while cutting the wealthy yet another break on taxes. Today, that list is growing, as more progressive join what's beginning to look...
by Terrance Heath | Dec 19, 2012 | Blog, Chained CPI
Progressives in Congress aren't falling for the trick that Washington is using to cut Social Security in the "fiscal cliff" negotiations. Instead they are raising their voices against the insanity of Democrats committing political suicide by: destroying their...
by Richard Eskow | Dec 18, 2012 | Blog, Chained CPI, The Sequester
News reports say the President's proposed deal includes the "chained CPI," which would impose drastic Social Security cuts and tax hikes for everybody but the wealthy. And House Minority Leader Nancy Pelosi says that "Democrats will stick with the President." They...
by Digby | Dec 18, 2012 | Blog, Chained CPI
Greg Sargent is reporting tha the White House says they will make sure that the Chained CPI sell-out won't hurt the most vulnerable seniors. I don't know if they are basing this on the Simpson-Bowles formula, but if they are, it's bullshit: As part of...
by Richard Eskow | Dec 18, 2012 | Blog, Chained CPI
Our leaders in Washington heard from the voters last month. They may need to hear from them again. According to news reports a budget deal is coalescing around some very unattractive and unwise ideas. The deal's centerpiece is reportedly the "chained CPI," a back-door...
by Dave Johnson | Dec 14, 2012 | Blog, Chained CPI
The latest proposal to cut Social Security coming from our out-of-touch DC elites literally says that because old people cut back to cat food when people food is expensive, then we shouldn't let Social Security rise enough to keep covering people food. It literally...
