Social Security Cuts: What Is ‘Poison Pill’ Commission and Will It Threaten Future Be

Remember that last time the Rs started talking about cutting SS


That lasted about half a day before Americans heard their ideas
 
signalmankenneth said:
Social Security Cuts: What Is ‘Poison Pill’ Commission and Will It Threaten Future Benefits?

If the newfound GOP deficit hawks want to cut something, repeal the 2017 asinine Trump/GOP tax cuts, that's 1.9 trillion dollars?!!

[FONT=&]A new fiscal commission established by the U.S. House to investigate ways to [/FONT]reduce the federal deficit[FONT=&] really wants to push through [/FONT]cuts to Social Security and Medicare benefits[FONT=&], according to a Social Security advocacy group.

[/FONT][FONT=&]Social Security Works, a progressive-leaning organization that aims to protect and expand Social Security and similar programs, lashed out at the commission in a pair of press releases issued last week. In one dated Jan. 16, Social Security Works President Nancy Altman referred to the commission as a “poison pill designed to slash [/FONT]Social Security[FONT=&] and Medicare behind closed doors.”

[/FONT][FONT=&]Altman also cited White House comments comparing the commission to a “death panel” for Social Security and Medicare.
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[FONT=&]“Republicans are plowing ahead with their closed-door commission designed to cut Social Security and Medicare,” Altman said in a follow-up press release dated Jan. 18. “Many of the Republicans tried to claim that was not their goal, but they tellingly voted down Democratic amendments to rule out cutting those programs and instead require billionaires to pay their fair share.”
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[FONT=&]As previously reported by GOBankingRates, earlier this month the House Budget Committee passed a bill to establish the bipartisan fiscal commission that aims to solve the federal government’s budget problem without specifically protecting Social Security or Medicare.[/FONT]
[FONT=&]The committee approved the bill 22-12, with three Democrats joining 19 Republicans in passing the measure.
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[FONT=&]The commission would be charged with writing a report and legislation to “improve the long-term fiscal condition of the government, reduce deficits and debt, achieve a sustainable ratio of debt to gross domestic product by fiscal 2039 and improve the solvency of federal trust funds, including those that finance Social Security and Medicare,” according to Roll Call.
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[FONT=&]Supporters of the bill point to the fact that it takes a bipartisan approach to the nation’s debt crisis and mainly seeks to investigate potential solutions. But it didn’t take long for critics to push back against the bill.
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[FONT=&]In a statement, U.S. Senate Finance Committee Chair Ron Wyden (D-Ore.) claimed that congressional Republicans are “resorting to schemes that short-circuit the legislative process, rushing through cuts to Americans’ earned benefits.”

https://finance.yahoo.com/news/social-security-cuts-poison-pill-120856213.html
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social-security-cuts-congress.png
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There it be
 
Uncensored2008 said:
Oh look, the stalinists are lying again.

No one has or will cut Social Security.

The only question is giving SS and Medicare to the 12 million invaders Quid Pro Biden has imported.
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You were stupid enough to bump this thread?


Wow


That’s massive stupid
 
Uncensored2008 said:
COLA increased SS 3.2% in 2023 while Bidenflation was 9%.
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You are just lying... AGAIN!!!

The yearly inflation in 2023 was 3.4%, not 9%. We have not had a year of 9% inflation since Reagan was President. We did have a month of 9.1% inflation(June 2022), but it dropped after that month creating a year of 6.5% inflation.

https://www.usinflationcalculator.com/inflation/current-inflation-rates/

There is not meaningful debate going on here, because you cannot deal with reality.
 
Nordberg said:
In fact, America is a land of immigrants who came here to better themselves and have fueled the economy. The countries with moribund economies and bad prospects are the ones that shut their borders. How many of us are here because our ancestors came for opportunity? Why do you want to end that?
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Because like all MAGATs, Hawkeye's mantra is "I got mine, fuck the rest of you."
 
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