Good News for Social Security
Apparently President Obama will not be endorsing the Deficit Commission’s recommendations on Social Security in his State of the Union speech.
From the WaPo:
Over the weekend, the White House informed Democratic lawmakers and advocates for seniors that Obama will emphasize the need to reduce record deficits in the speech, but that he will not call for reducing spending on Social Security – the single largest federal program – as part of that effort.
Liberals, who have been alarmed by Obama’s recent to shift to the center and his effort to court the nation’s business community, applauded the decision, arguing that Social Security cuts are neither necessary to reduce current deficits nor a wise move politically. Polls show that large majorities of Americans in both parties – even in households that identify themselves as part of the tea party movement – oppose cuts to Social Security.
Good. Apparently all the effort put into calls, letters, emails, and petition signing was not in vain. At least for now.
Tags: social security
This is real good for the people. Now if we could just get them to give the people whose lives depend on social security checks monthly a raise that would be better. No raise in two years and Medicare Part D deductions leaves a person with next to nothing at all.
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It would be nice to see the Social Security system be a voluntary program where those who love the program can stay in it in its current form and those who hate it can opt out. Social Security is a very risky program and people should be able to determine their own risk profile and save for retirement as they see best for themselves.
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