Bud Meyer — Republicans want 75 Years of Funding for Social Security

But without raising taxes on anyone earning more than $118,500 a year. The only thing thatwas not said at the Senate Hearing on Social Security disability today was: "Read my lips."…

If you'll notice, in their title they used the word "safeguarding" and "fix" — which is just GOP doublespeak for "privatize" and "cut".…

In an interview (The Washington Post: Republicans planning stealth attack on Social Security), Senator Bernie Sanders says: "Republicans have made it clear that they intend to pursue ‘entitlement reform,’ which is code for cutting Social Security and Medicare. This is their first step forward. Whether they will focus on disability, or cuts in the retirement program, I don’t know. But there’s no question that they intend to push forward and try to cut Social Security. Republicans are creating a phony crisis. They are saying the disability insurance program will be running out of money, and therefore one of two things has to happen: Either we cut disability or we have to look at the solvency of the whole program, to protect disability benefits, which means we’re going to have to cut benefits either through Chained CPI, or raising the retirement age, or through privatization.” (Read more here at Bloomberg)

This morning the GOP-controlled Senate Budget Committee held a hearing that they ominously named: The Coming Crisis: Social Security Disability Trust Fund Insolvency….

The Economic Populist
Republicans want 75 Years of Funding for Social Security
Bud Meyer