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Massachusetts Liberal

Observations on politics, the media and life in Massachusetts and beyond from the left side of the road.

Wednesday, December 19, 2012

Stick it to granny

Republicans are out with a "Plan B" that looks to save millionaires at the expense of Social Security. And John Boehner still insists on calling Barack Obama's proposal "unbalanced."

Amid grumbling among Democrats over Obama's concessions on taxes and Social Security cost-of-living increases, Boehner and the GOP unveiled an alternative whose centerpiece is preserving the perks of the 1 percent.

Obama has eased away from his long-standing call for tax hikes for those earning more than $250,000, upping the threshold to $400,000. Not content with a very symbolic backtrack from his campaign pledge, Boehner offered more red meat to his band who were on the losing end of November.

Preserving tax breaks for those earning $1 million annually.

But that's apparently not enough for the Fruitcake Caucus, who are concerned that Boehner won't address the looming mandated Pentagon budget cuts.
Representative Howard P. McKeon of California, the chairman of the House Armed Services Committee, said he was not sure he could support a bill that would allow $500 billion in military cuts over the next 10 years and indicated that other Republicans on his committee shared his concern.
There's no similar concerns being expressed on the GOP side for the proposal to limit the growth of future Social Security benefits, the so-called "chained CPI."

Worcester Democrat Jim McGovern laid out the GOP position succinctly:
“Asking Donald Trump to pay a dollar more is not the same as taking something away from an old lady or an old man in my district who is just squeaking by,’’ McGovern said.
Except in Tea Party Land, where the mantra is billions for the military industrial complex and coal in granny's stocking.

Another thing that has not changed is Boehner's talking points. After months of not even putting a specific offer on the table and insisting Obama is not serious, the Speaker now puts out a laughable plan that can't even win the support of his ow caucus and takes swipes at Obama.

What's in that egg nog Mr. Speaker?

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Anonymous Brian said...

I cannot for the life of me understand why the Democrats and Obama explain to the vast population that Social Security has not contributed a single cent to the debt. All working people and their companies pay into the Social Security Trust Fund and does not go into the general revenues bucket. However, since the 1970s Congress has raided the SS Trust Fund to pay for things. While Al Gore may had a bad way of explaining what he would do with the funds, he was correct. The problem is Congress use SS has revenue, when it is not. We need to stop them.

December 19, 2012 6:05 AM  

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