The Push to Cut Social Security Never Dies

By: Tuesday October 2, 2012 9:27 am

The push to cut Social Security is the ultimate horror movie monster. Despite the idea being defeated time and time again, it never dies. It just waits in the shadows until it is resurrected by the “grand bargain” obsessed necromancers whenever they think the time is right. It was put forward by Erskine Bowles and [...]

Super Committee Appears Headed Towards No Deal

By: Thursday November 17, 2011 11:53 am

There are increasing signs that the Super Committee won’t reach a deal. This is great news, because no deal means no cuts to Medicare and Social Security, and presumably less likelihood that we will implement dramatically more destructive austerity in the middle of an economic downturn. Reports coming out indicate that the individuals involved are [...]

Only 6 Percent of Americans Call Deficit Most Important Problem

By: Monday November 14, 2011 9:13 am

What the American people are most concerned about are jobs and the economy. What the American people are only barely concerned about is the federal budget deficit. From Gallup: An overwhelming 66 percent of the country thinks unemployment or the economy  is the most important problem facing the country right now. That compares to the [...]

Super Committee Dems Again Offer to Cut Medicare Benefits

By: Thursday November 10, 2011 9:55 am

The Democrats on the Super Committee, in their efforts to reach an deal with Republicans, have offered a new deficit reduction package and just like their last offer this one also contains cuts to Medicare benefits. From Politico: Supercommittee Democrats quietly floated details late Wednesday of a $2.3 trillion tax-and-cut proposal that includes $400 billion [...]

Most Think Super Committee Will Fail

By: Thursday November 3, 2011 8:47 am

The American people overwhelmingly think the Super Committee will fail to reach a deal on the deficit. According to Quinnipiac polling, an overwhelming 67 percent think the Super Committee will fail to come up with a plan, while only 27 percent think it is likely that they will. Probably part of the reason the American [...]

Super Committee Going After Your Social Security? That Was the Point

By: Tuesday November 1, 2011 9:27 am

It was clear from the inception of the deficit reduction Super Committee that it was designed for the purpose of cutting entitlements, especially Social Security benefits. The Super Committee proposal was given the same protection from a filibuster as debate on a reconciliation bill, but the Super Committee proposal is not subject to the same [...]

Democrats on Super Committee Offer to Cut Medicare Benefits

By: Wednesday October 26, 2011 11:03 am

According to exclusive reporting from Reuters the Democrats on the Super Committee are offering to cut Medicare and Medicaid benefits as part of a roughly $3 trillion grand bargain, which would well exceed the $1.2 trillion minimum goal the committee is tasked with meeting. From Reuters: It calls for between $200 billion and $300 billion [...]

More Lobbying Forces Line Up to Increase Medicare Eligibility Age

By: Wednesday September 14, 2011 2:27 pm

Powerful political and lobbying forces continue to line up behind the terrible idea to raise the age for Medicare eligibility. The latest to join the ongoing push is the Healthcare Leadership Council. From the Healthcare Leadership Council’s recommendations to the Super Committee: Gradually increase the Medicare eligibility age from 65 to 67. This transition would [...]

Political Forces Lining up to Raise Medicare Retirement Age

By: Friday September 9, 2011 9:30 am

The threat to Medicare is very real and pressing. Last night the President suggested he still wants to change Medicare in a way “some in his party” won’t like. We are seeing a convergence of deficit hysteria, a Democratic president who wants to have a “Nixon goes to China moment” with Medicare and powerful corporate lobbyists in pursuit of bigger profits.