Bernie Sanders is disappointed that Social Security are being considered in President Obama’s “fiscal cliff” negotiations with the GOP. What do you think? Let us know in the comments section.
December 20, 2012
Remember when the White House said Social Security was “off the table” in the deficit talks because it has a $2.7 trillion surplus and hasn’t contributed to deficits? Remember when President Obama pledged not to cut benefits for retirees, widows and orphans? The White House has now agreed to adopt a stingier formula for cost-of-living increases which would cut benefits. In a Senate floor speech, Bernie said the White House had offered repeated assurances that would not happen “and that Social Security should be off the table in terms of deficit reduction. I heard that many, many times. So I wonder how Social Security suddenly has gotten back on the table, including a chained CPI with devastating cuts to seniors and disabled vets,” Sanders said. “Mr. President, I am disappointed.”