John Boehner's "Plan B" alternative to negotiating with Barack Obama over a fiscal cliff alternative was supposed to be a simple measure to shift the pressure points—extend Bush tax rates for all income below $1 million, create a new millionaire's bracket that uses the old Clinton marginal rate.  But lots of House conservatives didn't love that idea, so now Plan B also tries to roll back Dodd-Frank bank regulation reforms and turn us back to Bush-era financial regulation policy. It also cuts food stamps, Medicaid spending, and some Affordable Care Act provisions. In other words, it's a whole conservative Christmas tree.

[...] When John Boehner needs to add spending cuts to a deficit reduction bill to make his most conservative members happy, they don't want to reindex Social Security benefits. They don't want to monkey with the Medicare eligibility age. That's not the stuff that gets them jazzed up.

So President Obama should unoffer Social Security cuts then, no? Clearly the GOP does not care about it, and Dems do, so it should be off the table.

Originally posted to Armando on Thu Dec 20, 2012 at 11:58 AM PST.

Also republished by Social Security Defenders.

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