In case you're wondering, it's 22%

[MannyGoldstein]

Obama's "bipartisan" commission, including "Democrats" like Dick Durbin, http://www.handsoffss.org/what-is-the-deficit-commission-why-did-it-recommend-deep-cuts-in-social-security.html">voted to recommend an eventual 22% cut in Social Security benefits. That's more than $50,000 in today's dollars per recipient.

That's what's on the table.

Enjoy.

[xchrom]

1. recommend

[MannyGoldstein]

3. We need to get the word out

Republicans and their friends on our side of the aisle are spinning this as just a tiny bit of trimming around the edges.

[xchrom]

9. i'll be linking info to my facebook later.

i've called the WH.

keeping up w/ progressive media.

anything else?

[Tunkamerica]

2. not questioning... but a link or source would be great

[MannyGoldstein]

4. My bad

I'll add to the OP

[Tunkamerica]

7. np, thanks

[Poll_Blind]

5. Seconded, but I think we're talking about the recommendations from the Catfood Comission.

Manny is just refreshing us on the specific recommendation, I believe.

PB

[MannyGoldstein]

11. Yes, I added a link to the OP. nt

[FreakinDJ]

6. UnFucking Believable

According to the Social Security Administration’s Chief Actuary, these changes would eventually reduce the average recipient’s Social Security benefits by 22%. Given that the average recipient is currently receiving $1,164 per month, this works out to about a $56,000 cut over their lifetime.

http://www.handsoffss.org/what-is-the-deficit-commission-why-did-it-recommend-deep-cuts-in-social-security.html

[Octafish]

8. They should be quadrupling benefits.

And, were people with integrity at the controls, those at the top of the heap would volunteer to open their wallets to pay.

[nc4bo]

10. I guess the cat food commission really did serve a purpose after all.

And the wars continue. WallStreet's enjoying record profits as are the big corporations along with their tax cuts.

American people will eventually be 1/2 step in the graveyard before we're eligible for SS and it goes on and on.

[SidDithers]

12. And the commission never agreed to a final set of recommendations...nt

Sid

[MannyGoldstein]

13. No, they voted 11-7 for their recommedations

And President Obama has praised their work, and never criticized it.

[dixiegrrrrl]

14. Plus, there is this now, from Obama:

"the White House is revisiting a proposal raised earlier in the negotiations to change the inflation measurement used to calculate Social Security cost-of-living adjustments, thus reducing annual increases."

http://www.npr.org/templates/story/story.php?storyId=137157495

[SidDithers]

17. And 14 votes were needed...

praise or no praise, there was no formal report from the commission.

Sid

[MannyGoldstein]

18. Are you stating that they did not vote in favor of a 22% cut in Social Security?

Formal, informal, or with Velveeta on top?

[SidDithers]

19. I'm saying the defecit commission didn't issue a final, agreed upon set of recommendations...nt

Sid

[trumad]

15. So if the average montly payment is 1177.00

minus 22 percent: $258.94

1177 minus 258.94 = 918.06

Damn

[Dept of Beer]

16. But I heard that it is only pennies...

[bvar22]

20. "They" are not going to "cut" Social Security.

They are going to "strengthen it" by reducing benefits.



Who will STAND and FIGHT for THIS American Majority?
You will know them by their WORKS,
not by their rhetoric.

[felix_numinous]

21. If this goes through it will have a dramatic effect on society--

grandparents would have to move in with their kids, many of who already have unemployed kids living at home....wow. That is if people are lucky enough to have family who are willing to take them in....but more people will be homeless!!

These oil wars are killing this country, bit by bit.