Fri Dec 21, 2012, 04:08 PM

Majority of House Democrats: We will NOT VOTE for Chained CPI Social Security Cut

FIRED UP, READY TO GO

At the Progressive Change Campaign Committee, we did a cross-check of the two lists and found that 97 sitting and voting Members (we excluded non-voting delegates) of the House Democratic caucus have signed onto statements either last year or this year saying they would not vote for legislation that uses chained CPI to cut benefits. That’s a majority of the caucus, which includes 191 members.

Read more: http://boldprogressives.org/a-majority-of-house-democrats-have-said-they-would-vote-against-a-bill-with-chained-cpi/

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34 replies	Author	Time	Post
Majority of House Democrats: We will NOT VOTE for Chained CPI Social Security Cut (Original post)	Report1212	Dec 2012	OP
Good!	Demo_Chris	Dec 2012	#1
I can't afford to be pessimistic	Report1212	Dec 2012	#3
Obama is corporate right.	ananda	Dec 2012	#19
Radical Leftist....	WCGreen	Dec 2012	#23
I think the poster was being sarcastic. n/t	cui bono	Dec 2012	#29
That's true. And that means there will already be a percentage Democrat loss in 2014 even	plethoro	Dec 2012	#24
Radical leftist????? Forget your :sarcasm: thingy?.....	socialist_n_TN	Dec 2012	#28
awesome	arely staircase	Dec 2012	#2
Ditto nt	Report1212	Dec 2012	#4
This is where we need to focus our support. On the house and state houses....	loyalkydem	Dec 2012	#5
If the House falls, we'll go to the Senate	Report1212	Dec 2012	#6
What happens in 2041?	iandhr	Dec 2012	#7
The answer?	mick063	Dec 2012	#8
End the cap on withholding, or raise it high, or leave a 'doughnut hole' so that it kicks in again	Bluenorthwest	Dec 2012	#12
Raise the tax cap	Report1212	Dec 2012	#13
Agreed - and pay back the money borrowed from the SS trust fund!	AndyA	Dec 2012	#14
NOt JUST wars...............	socialist_n_TN	Dec 2012	#30
start taxing every share traded on the exchanges....	madrchsod	Dec 2012	#15
It might be possible to have a SS tax on income over the current limit,	amandabeech	Dec 2012	#26
Thank You	NOIBN	Dec 2012	#9
So Obama can only do this if he gets a deal with a large number of Republicans	Report1212	Dec 2012	#11
Unless some of those who signed, especially those who did not just sign recently, change stances	Tom Rinaldo	Dec 2012	#17
Started to post yay	Liberalynn	Dec 2012	#20
I agree. People can switch. But we can hold them accountable.	Report1212	Dec 2012	#31
Terrific. K&R	closeupready	Dec 2012	#10
K & R !!!	WillyT	Dec 2012	#16
All cuts are OFF the table, see below	Tx4obama	Dec 2012	#27
This message was self-deleted by its author	Liberalynn	Dec 2012	#18
But they did vote for this	Milliesmom	Dec 2012	#21
President Obama should drop the chained CPI idea	UCmeNdc	Dec 2012	#22
Good!	valerief	Dec 2012	#25
They must be racists	Doctor_J	Dec 2012	#32
Crossing my fingers for that! (no text)	Quantess	Dec 2012	#33
Why do both Hoyer and Pelosi say they have enough votes?	madfloridian	Dec 2012	#34

Response to Report1212 (Original post)

Fri Dec 21, 2012, 04:24 PM

Demo_Chris (2,319 posts)

1. Good!

Sadly, thanks to Obama, cutting Social Security is now always on the table. Even so-called radical leftists like Obama agree it needs to be slashed. Which means it is going to happen.

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Response to Demo_Chris (Reply #1)

Fri Dec 21, 2012, 04:26 PM

Report1212 (484 posts)

3. I can't afford to be pessimistic

And neither can you.

The momentum is on our side.

Your move, Obama.

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Response to Demo_Chris (Reply #1)

Fri Dec 21, 2012, 06:12 PM

ananda (12,499 posts)

19. Obama is corporate right.

He is far from being any sort of leftist.

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Response to ananda (Reply #19)

Fri Dec 21, 2012, 06:37 PM

WCGreen (44,923 posts)

23. Radical Leftist....

This guy is kidding. Sounds like this poster is radical right to think president Obama is a radical leftist.

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Response to WCGreen (Reply #23)

Fri Dec 21, 2012, 07:21 PM

cui bono (7,417 posts)

29. I think the poster was being sarcastic. n/t

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Response to Demo_Chris (Reply #1)

Fri Dec 21, 2012, 06:43 PM

plethoro (594 posts)

24. That's true. And that means there will already be a percentage Democrat loss in 2014 even

if the chained cpi is not put into effect. Obama wants to cut social security--and that's that. Christmas has already been ruined by a number of things, and now a Democratic President wanting to cut Social Security has made having Christmas here unlikely.

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Response to Demo_Chris (Reply #1)

Fri Dec 21, 2012, 07:20 PM

socialist_n_TN (8,325 posts)

28. Radical leftist????? Forget your :sarcasm: thingy?.....

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Response to Report1212 (Original post)

Fri Dec 21, 2012, 04:26 PM

arely staircase (4,149 posts)

2. awesome

eom

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Response to arely staircase (Reply #2)

Fri Dec 21, 2012, 04:32 PM

Report1212 (484 posts)

4. Ditto nt

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Response to Report1212 (Original post)

Fri Dec 21, 2012, 04:38 PM

loyalkydem (1,678 posts)

5. This is where we need to focus our support. On the house and state houses....

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Response to loyalkydem (Reply #5)

Fri Dec 21, 2012, 04:40 PM

Report1212 (484 posts)

6. If the House falls, we'll go to the Senate

The House seems to be holding pretty well, though.

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Response to Report1212 (Original post)

Fri Dec 21, 2012, 05:01 PM

iandhr (2,241 posts)

7. What happens in 2041?

In 2041 we will only be able to pay out 75 cents on the dollar of current benefits. What will everyone say then. If we do nothing there will be major benefits cuts. There a far fewer workers paying into the fund per retired person when the system started.

I want to see social security for people of my generation (I am only 25)

I am not saying chained CPI is the answer. I don't have an answer. But something needs to be done.

Not now though. The President offered a compromise the speaker refused. Now we throw the GOP an anchor.

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Response to iandhr (Reply #7)

Fri Dec 21, 2012, 05:12 PM

mick063 (1,069 posts)

8. The answer?

Keep this in your head.

The top 1% is sitting on a huge pile of cash.

Someone had a great proposal the other day. Tie a corporate tax rate directly to unemployment rates. You will get plenty of witholding.

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Response to iandhr (Reply #7)

Fri Dec 21, 2012, 05:29 PM

Bluenorthwest (24,122 posts)

12. End the cap on withholding, or raise it high, or leave a 'doughnut hole' so that it kicks in again

at 200K. If you are worried about funding the program, bring money into the program by lifting or ending the cap, as Obama suggested many times as candidate. It's a snap, we could have excess, higher benefits, the works.

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Response to iandhr (Reply #7)

Fri Dec 21, 2012, 05:35 PM

Report1212 (484 posts)

13. Raise the tax cap

We have decades to do it. No need to cut benefits.

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Response to Report1212 (Reply #13)

Fri Dec 21, 2012, 05:48 PM

AndyA (16,110 posts)

14. Agreed - and pay back the money borrowed from the SS trust fund!

Over $2.5 Trillion, last I heard.

Congress borrows money from SS to pay for wars, then reduces benefits because SS is in trouble!

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Response to AndyA (Reply #14)

Fri Dec 21, 2012, 07:22 PM

socialist_n_TN (8,325 posts)

30. NOt JUST wars...............

Those tax cuts were paid for by the SS Trust Fund. I believe I read that's where MOST of the money went actually.

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Response to iandhr (Reply #7)

Fri Dec 21, 2012, 05:54 PM

madrchsod (55,712 posts)

15. start taxing every share traded on the exchanges....

Last edited Fri Dec 21, 2012, 05:55 PM USA/ET - Edit history (1)

by 41 we`ll have enough money to throw one big f`k party for everyone in the country!

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Response to iandhr (Reply #7)

Fri Dec 21, 2012, 07:06 PM

amandabeech (8,298 posts)

26. It might be possible to have a SS tax on income over the current limit,

but at a reduced rate, say 3% for the worker and 3% for the employer.

The AFA puts a Medicare tax on capital gains. I believe that it is about 3.5%.

Why not do that for SS?

Or how about a 2-3% SS tax on estates over $2 mil or so.

I'd really like you to have SS to fall back on when you're old. I don't think that it is fair for people within hailing distance of retirement like me (57) to take your money if a solid plan isn't in place for you to get something, too.

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Response to Report1212 (Original post)

Fri Dec 21, 2012, 05:13 PM

NOIBN (7 posts)

9. Thank You

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Response to NOIBN (Reply #9)

Fri Dec 21, 2012, 05:17 PM

Report1212 (484 posts)

11. So Obama can only do this if he gets a deal with a large number of Republicans

And that's not what he was elected to do!

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Response to Report1212 (Reply #11)

Fri Dec 21, 2012, 05:58 PM

Tom Rinaldo (14,965 posts)

17. Unless some of those who signed, especially those who did not just sign recently, change stances

Arm twisting has changed positions in the past and it could again. Then there is always the argument that "we are faced with a changed situation from a year ago" that can be used for backpeddling. Don't get me wrong,this is very encouraging, just not a slam dunk that those positions will hold (without further pressure from their districts).

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Response to Tom Rinaldo (Reply #17)

Fri Dec 21, 2012, 06:13 PM

Liberalynn (5,547 posts)