The big news this morning. Obama wants to cut entitlements in exchange for tax increases. What say you fellow babies (and fellow geezers)?

Dreamsglore wrote:There won't be drastic cuts to the middle class social security. If there are any cuts it will be to the rich or wealthy who would be eligible. And yes, people will be retiring on their social security.It's all many of them have.

The budget that Obama is supposed to present contains cuts to SS in that no more annual cost of living increases and for Medicare cuts would be in the form of higher premiums.

White House officials say the budget the president will unveil next week will include proposed cuts to Medicare (by increasing premiums for wealthier retirees) and Social Security (by reducing annual cost of living increases).

http://news.yahoo.com/white-house-budget-social-security-cuts-134407761--abc-news-politics.html

They didn't get much in cost of living increases anyway. What they need to do is kick those lazy ass's off disability that can work. I see them everyday and their ticket to work program has failed miserably.

Dreamsglore wrote:If there are any cuts it will be to the rich or wealthy who would be eligible.

He’s backing the idea of changing the inflation formula used to calculate annual adjustments in Social Security benefits, in a manner that would save federal dollars and be less generous to seniors.
The Social Security idea, called the chained consumer price index or "chained CPI," isn't new. Obama has floated it before, as have bipartisan groups seeking ways to curb a risky buildup of national debt.
Economists say using the new formula might mean Social Security checks would go up by about 0.3 percentage points less per year.
It sounds like a little, but the latest news sparked immediate and vigorous push-back from groups seeking to hold the line against entitlement cuts.

http://www.csmonitor.com/USA/DC-Decoder/2013/0405/Cuts-to-Social-Security-What-Obama-is-proposing

Bob wrote:

Dreamsglore wrote:If there are any cuts it will be to the rich or wealthy who would be eligible.

He’s backing the idea of changing the inflation formula used to calculate annual adjustments in Social Security benefits, in a manner that would save federal dollars and be less generous to seniors.
The Social Security idea, called the chained consumer price index or "chained CPI," isn't new. Obama has floated it before, as have bipartisan groups seeking ways to curb a risky buildup of national debt.
Economists say using the new formula might mean Social Security checks would go up by about 0.3 percentage points less per year.
It sounds like a little, but the latest news sparked immediate and vigorous push-back from groups seeking to hold the line against entitlement cuts.

http://www.csmonitor.com/USA/DC-Decoder/2013/0405/Cuts-to-Social-Security-What-Obama-is-proposing

bob, Obama will screw old people before he would his lazy assed welfare voters.