Skip to main content

View Diary: Senator McCain says GOP will take chained CPI off the table for "mini-deal" - Democrats hang tough (54 comments)

Comment Preferences

  •  Yes, I found the wording of some of these quotes (8+ / 0-)

    to be strikingly curious. Especially by Collins and Snow.

    For example, Collins says"

    "There's a realization that in spite of the president's apparent endorsement of a chained CPI that that proposal deserves more study," said Sen. Susan Collins (R-Maine). "My guess, based on what Democrats are saying is that that reform would not happen during this stage of the negotiations." ..

    It sounds like she and the other Republicans believe "the fix is in" just not for now.

    Like Hutchinson saying

    "Chained CPI would be to stabilize Social Security," Sen. Kay Bailey Hutchison (R-Texas) said. "That's not the way it's being portrayed, and therefore I think it should be dropped. And I think all the Republicans agreed to that."

    Like the GOP was taken by surprise that Reid said no, and the media picked up the meme that the GOP is blocking the middle tax class cut unless the rich get a tax cut, but "later" it will be rolled out as as way to "stabilize Social Security."

    We Democrats should cooperate with this idea. Social Security does not need any such "stabilization" and shouldn't be part of budget negotiations.  The Social Security Trust Fund is completely solvent through 2034, and my understanding is that this can be extended through 2070 something by a moderate increase in the cap on withholding.

    The means is the ends in the process of becoming. - Mahatma Gandhi

    by HoundDog on Sun Dec 30, 2012 at 04:01:04 PM PST

    [ Parent ]

    •  That argument - Chained CPI versus moderate cap (1+ / 0-)
      Recommended by:

      increase... can be won on its own merit.

      The modern conservative is engaged in one of man's oldest exercises in moral philosophy;the search for a superior moral justification for selfishness

      by CTMET on Sun Dec 30, 2012 at 05:18:31 PM PST

      [ Parent ]

      •  Do Not Forget, that unlike a rise in the SS salary (2+ / 0-)
        Recommended by:
        Aspe4, HoundDog

        deduction cap, which only affects SS, the chained CPI affects not only regular SS but SSDI and Veterans and others as well. A double reason to prefer raising the salary deduction cap.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site