http://www.billdawers.com/2013/06/02/dont-panic-social-security-and-medicare-are-far-from-broke-many-long-term-fixes-available/ Thu, 06 Jun 2013 04:23:13 +0000 hourly 1 https://wordpress.org/?v=7.0 http://www.billdawers.com/2013/06/02/dont-panic-social-security-and-medicare-are-far-from-broke-many-long-term-fixes-available/#comment-25086 Thu, 06 Jun 2013 04:23:13 +0000 http://www.billdawers.com/?p=5726#comment-25086 s trustee report to attack Obama's inflation proposal."Too many politicians in Washington talk about changes to Social Security without considering the impact in income security such changes will have on real people. One example of this is the so-called ‘chained CPI†— a fancy Washington term that really means cutting Social Security and veterans†benefits," AARP Vice President Nancy LeaMond said. “With their report today, the Social Security Trustees draw renewed attention to the long-term financial challenges facing this vital retirement security program. While not in crisis, Social Security will require modest changes to ensure current and future generations will receive the benefits theyâ€ve earned."While some Republicans have called for an increase in the retirement age or means-testing of Social Security benefits, the last three budgets passed by the GOP-controlled House have been silent about how to fix the program. Some Republicans, including Ryan (Wis.), praised Obama for offering the chained CPI proposal, but others like campaign chairman Rep. Greg Walden (Ore.) slammed Obama for hurting seniors. Walden was later rebuked by Speaker John Boehner (R-Ohio) for his comments.Deficit hawks are pushing for lower retirement benefits and higher insurance premiums for seniors in a "grand bargain" on the deficit.]]> AARP used the release of Friday’s trustee report to attack Obama’s inflation proposal.”Too many politicians in Washington talk about changes to Social Security without considering the impact in income security such changes will have on real people. One example of this is the so-called ‘chained CPI’ — a fancy Washington term that really means cutting Social Security and veterans’ benefits,” AARP Vice President Nancy LeaMond said. “With their report today, the Social Security Trustees draw renewed attention to the long-term financial challenges facing this vital retirement security program. While not in crisis, Social Security will require modest changes to ensure current and future generations will receive the benefits they’ve earned.”While some Republicans have called for an increase in the retirement age or means-testing of Social Security benefits, the last three budgets passed by the GOP-controlled House have been silent about how to fix the program. Some Republicans, including Ryan (Wis.), praised Obama for offering the chained CPI proposal, but others like campaign chairman Rep. Greg Walden (Ore.) slammed Obama for hurting seniors. Walden was later rebuked by Speaker John Boehner (R-Ohio) for his comments.Deficit hawks are pushing for lower retirement benefits and higher insurance premiums for seniors in a “grand bargain” on the deficit.

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