| The two most dangerous proposed cuts from the point of view of the long-term interests of the majority of Americans are the proposal to cut Social Security benefits forever by reducing the annual cost-of-living increase ("chained CPI") and the proposal to cut Medicare benefits forever by raising the Medicare retirement age to 67, forcing more seniors onto the private insurance market. Many establishment Republicans want these cuts; many Wall Street Democrats want these cuts; the President has signaled his potential willingness to agree to these cuts as part of a "big deal." Most liberal groups vehemently oppose these cuts, and the majority of Americans would never go along with these cuts - cutting benefits for working families for which they have already paid through their payroll taxes - if they have effective say. |
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At www.commondreams.org
At www.commondreams.org
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