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Seniors Groups Happy SuperComitteeDem Offer Has No Social Security Cuts [View All]

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bigtree Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-10-11 03:05 PM
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Seniors Groups Happy SuperComitteeDem Offer Has No Social Security Cuts
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Edited on Thu Nov-10-11 03:07 PM by bigtree
11/10/11

Seniors groups said Thursday they are pleased the latest Democratic supercommittee offer does not contain cuts to Social Security . . .

On Monday night, the Democrats scaled back their $3 trillion package to a $2.3 trillion deficit package that does not contain the “chained consumer price index” cuts to Social Security. It also contains only $1 trillion in taxes compared to $1.3 trillion in the original offer.

“It sounds like the supercommittee may finally be listening to the American public, who have been saying in every way they possibly can — 'Keep your hands off my Social Security, my children's Social Security, and my grandchildren's Social Security,' " Eric Kingson of Social Security Works said.

The seniors representatives are not pleased that cuts to Medicare benefits do remain on the table.

“We are gratified that the most recent Democratic proposal reportedly does not cut Social Security. At the same time, the proposal reportedly would increase the costs of Medicare beneficiaries; those Medicare cuts are an indirect cut to Social Security, because the same group of people have earned and receive both Social Security and Medicare,” Nancy Altman of the Strengthen Social Security Campaign said.


read: http://thehill.com/blogs/on-the-money/budget/192949-groups-happy-dem-off-has-no-social-security-cuts

related:

Strengthen Social Security
http://strengthensocialsecurity.org/
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