Thursday, July 15, 2010

Left vows to fight any fiscal panel proposals to cut Social Security

The Hill reports:
Liberals wary of cuts to Social Security benefits are taking on President Obama’s fiscal commission, seeing it as a more serious threat to the entitlement program than President George W. Bush’s push to privatize the system five years ago.

Nancy Altman, co-director of Social Security Works, a coalition of liberal and senior groups, said Obama’s commission has positioned itself to make major changes to Social Security by working largely behind the scenes. Bush’s failed effort to allow people to shift Social Security payments into private investment accounts was defeated after a public debate, Altman noted.
The Left demands that Warren Buffett get a Social Security check fully indexed to CPI or else!