Saturday, January 11, 2014

Democrats plead with Obama to abandon Social Security cut

The Hill, by Alexander Bolton, January 11, 2014

Democratic senators are pleading with President Obama to abandon his proposal to trim Social Security benefits before it becomes a liability for them in the midterm elections.

The president proposed a new formula for calculating benefits in his budget last year, in hopes that the olive branch to Republicans would persuade them to back tax increases in a broader fiscal deal.

But Democratic lawmakers say Obama should shelve the idea now that they are facing a difficult midterm election where they need to turn out the liberal base to preserve their Senate majority.

Read more.  

No comments:

Post a Comment