by Richard Eskow | Jul 8, 2011 | Blog, Chained CPI
This isn't the first time the White House has floated the idea of Social Security cuts as part of a 'grand bargain' with Republicans, and it's not the first time there's been a groundswell of opposition. But that opposition has never crystallized so quickly into...
by Terrance Heath | Jul 6, 2011 | Blog, Chained CPI
Don't look now, but someone rolled a Trojan Horse right into the middle of the debt deal negotiations. Funny thing is, Democrats don't seem to recognize it as such. Maybe nobody's ever told them the story of the Trojan Horse. The good news is that there are no Greek...
by Terrance Heath | Jul 6, 2011 | Blog, Chained CPI
So, just when it looked like President Obama was finally calling the GOP's bluff debt ceiling negotiations, it turns out he was preparing to fold. Obama administration officials are offering to cut tens of billions of dollars from Medicare and Medicaid in negotiations...
by Richard Eskow | Jun 30, 2011 | Blog, Chained CPI
Do you hear a noise like power saws cutting away at your Social Security benefits? That's the sound of the politicians working on the "Chain Gang." They're promoting the "chained CPI," Washington's latest gimmick for tricking voters and cutting their hard-earned...