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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

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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. Thatís 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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Reply Majority of House Democrats: We will NOT VOTE for Chained CPI Social Security Cut (Original post)
Report1212 Dec 2012 OP
Demo_Chris Dec 2012 #1
Report1212 Dec 2012 #3
ananda Dec 2012 #19
WCGreen Dec 2012 #23
cui bono Dec 2012 #29
plethoro Dec 2012 #24
socialist_n_TN Dec 2012 #28
arely staircase Dec 2012 #2
Report1212 Dec 2012 #4
loyalkydem Dec 2012 #5
Report1212 Dec 2012 #6
iandhr Dec 2012 #7
mick063 Dec 2012 #8
Bluenorthwest Dec 2012 #12
Report1212 Dec 2012 #13
AndyA Dec 2012 #14
socialist_n_TN Dec 2012 #30
madrchsod Dec 2012 #15
amandabeech Dec 2012 #26
NOIBN Dec 2012 #9
Report1212 Dec 2012 #11
Tom Rinaldo Dec 2012 #17
Liberalynn Dec 2012 #20
Report1212 Dec 2012 #31
closeupready Dec 2012 #10
WillyT Dec 2012 #16
Tx4obama Dec 2012 #27
Liberalynn Dec 2012 #18
Milliesmom Dec 2012 #21
UCmeNdc Dec 2012 #22
valerief Dec 2012 #25
Doctor_J Dec 2012 #32
Quantess Dec 2012 #33
madfloridian Dec 2012 #34

Response to Report1212 (Original post)

Fri Dec 21, 2012, 04:24 PM

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

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

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

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

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

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

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

nm

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Response to Report1212 (Original post)

Fri Dec 21, 2012, 04:26 PM

2. awesome

eom

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Response to arely staircase (Reply #2)

Fri Dec 21, 2012, 04:32 PM

4. Ditto nt

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Response to Report1212 (Original post)

Fri Dec 21, 2012, 04:38 PM

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

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

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

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

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

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

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

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

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

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

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

9. Thank You

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Response to NOIBN (Reply #9)

Fri Dec 21, 2012, 05:17 PM

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

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

20. Started to post yay

but in reading your post I agree it be best to remain cautiously optimistic but not totally optimistic.

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Response to Tom Rinaldo (Reply #17)

Fri Dec 21, 2012, 08:29 PM

31. I agree. People can switch. But we can hold them accountable.

That's why it's important to spread this info.

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Response to Report1212 (Original post)

Fri Dec 21, 2012, 05:13 PM

10. Terrific. K&R

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Response to Report1212 (Original post)

Fri Dec 21, 2012, 05:54 PM

16. K & R !!!


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Response to WillyT (Reply #16)

Fri Dec 21, 2012, 07:19 PM

27. All cuts are OFF the table, see below

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Response to Report1212 (Original post)


Response to Report1212 (Original post)

Fri Dec 21, 2012, 06:34 PM

21. But they did vote for this

NDAA Indefinite Detention Bill Passes Senate After Rand Paul Calls It An 'Abomination'

http://www.huffingtonpost.com/2012/12/21/ndaa-indefinite-detention-bill-rand-paul_n_2347774.html?utm_hp_ref=politics

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Response to Report1212 (Original post)

Fri Dec 21, 2012, 06:36 PM

22. President Obama should drop the chained CPI idea

Then dare the GOP to bring it up and push it.

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Response to Report1212 (Original post)

Fri Dec 21, 2012, 07:00 PM

25. Good!

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Response to Report1212 (Original post)

Sat Dec 22, 2012, 03:31 PM

32. They must be racists

I read here today on DU that anyone who opposes Obama's "give away SS" initiative is a racist.

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Response to Report1212 (Original post)

Sat Dec 22, 2012, 05:57 PM

33. Crossing my fingers for that! (no text)

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Response to Report1212 (Original post)

Sat Dec 22, 2012, 06:18 PM

34. Why do both Hoyer and Pelosi say they have enough votes?

Why must seniors accept such cuts to appease the right wing which won't compromise anyway?

I want to hear that this is off the table.

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