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eridani

(51,907 posts)
Wed Dec 4, 2013, 09:04 AM Dec 2013

New GOP Plan Would Save Military From Sequestration by Cutting Social Security


http://littlegreenfootballs.com/article/42830_New_GOP_Plan_Would_Save_Military_From_Sequestration_by_Cutting_Social_Security


A pair of House Republicans have a new bill that would spare the military from sequestration by cutting the Social Security benefits of many Americans who already experience painful federal budget cuts.

Reps. Jim Bridenstine (R-Okla.) and Doug Lamborn (R-Colo.) are introducing the Provide for the Common Defense Act on Tuesday. The legislation would cancel out the next two years of sequestration cuts for the Pentagon by putting a heavier burden on senior citizens and federal workers.

Specifically, the plan would change the way cost-of-living adjustments are calculated for Social Security, using a measurement called “chained CPI.” The result would be less money in the pockets of beneficiaries. It would also increase federal employee retirement contributions and means-test Medicare premiums. Critics of means-testing argue that such a change would undermine the popularity of the program, turning it into welfare for lower-income Americans.

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New GOP Plan Would Save Military From Sequestration by Cutting Social Security (Original Post) eridani Dec 2013 OP
If we can't afford to educate our children, to heal our sick or care for our elderly ... Scuba Dec 2013 #1
 

Scuba

(53,475 posts)
1. If we can't afford to educate our children, to heal our sick or care for our elderly ...
Wed Dec 4, 2013, 09:28 AM
Dec 2013

... just what is it the defense budget is defending?

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