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View Diary: Rep. McMorris Rodgers can't name actual spending cuts (98 comments)

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  •  why (3+ / 0-)
    Recommended by:
    mmacdDE, Code Monkey, judyms9

    Why are entitlements --especially social security--not considered contracts?  Americans put money in, and planned for their future, using the numbers promised by their government, yet this promise is less important than a pledge Republicans signed with a non governmental agent.  Isn't a pledge, signed by congress and the president, not sacrosanct?

    Apres Bush, le deluge.

    by melvynny on Wed Dec 05, 2012 at 04:47:39 PM PST

    •  Among other things (0+ / 0-)

      there is case law that has held that Social Security benefits are not contractual obigations.

      http://www.ssa.gov/...

      •  thanks (0+ / 0-)

        My state pension is supposedly guaranteed by NY State, and I figured ss would be also.  I figured wrong.  I suspect my pension is also on shaky ground should NY go into bankruptcy.  Seems only banks are comfortably protected.

        Apres Bush, le deluge.

        by melvynny on Wed Dec 05, 2012 at 07:40:11 PM PST

        [ Parent ]

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