Congressional Liberals Mobilize to Keep Social Insurance Out of Shutdown Talks [View all]
Source: The Nation
Weve seen this movie before: Republicans force a showdown in Congress over funding the government, the debt ceiling or, in the present case, both. Then a grand bargain is proposed to solve the impasseone that includes serious reductions to social insurance programs.
Thats just how the GOP would like the current drama to play out. Wednesday, National Reviews Robert Costa reported that House Speaker John Boehner and Representative Paul Ryan are rallying nervous Republicans by telling them that while Obamacare may not end up getting defunded, GOP leadership is cooking up another big budget deal that includes cuts to the safety net so cherished by many conservative members. Its the return of the grand bargain, one member told Costa. Ryan is selling this to everybody; hes getting back to his sweet spot, said another.
In particular, Costa mentioned Chained CPI as one component of the emerging proposal. This, you may recall, is a cut to Social Security benefits dressed up as a ostensibly more accurate recalibration of the formula used to adjust benefits to inflation. (Its not.)
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Thursday morning, more than twenty liberal members of the House gathered outside the US Capitol, along with a large group of retirees and other activists. The message was simple: they will not support cuts to Social Security or other safety net programs.
Read more: http://www.thenation.com/blog/176494/congressional-liberals-mobilize-keep-social-insurance-out-shutdown-talks