SMRs and AMRs

Friday, July 08, 2011

Democrats Oppose Talk of Cuts to Social Security

By ROBERT PEAR
NYT

WASHINGTON — Congressional Democrats, who have thrived for decades as guardians of Social Security, said Thursday that they were not ready to surrender that role to help President Obama get a deal on federal spending and the debt limit.

As word spread that Mr. Obama was considering large savings from the use of a different measure of inflation to reduce the annual cost-of-living adjustment in Social Security benefits, Democrats joined with lobbyists for older Americans to reject the idea. Representative Chris Van Hollen of Maryland, the senior Democrat on the House Budget Committee, said Democrats would oppose changes in Social Security benefits as part of the deficit-reduction talks.

“Any discussion of Social Security should be on a separate track,” he said. Representative Nancy Pelosi of California, the House Democratic leader, said, “Any savings should be plowed back into making Social Security stronger.”

Representative Sander M. Levin of Michigan, the top Democrat on the Ways and Means Committee, said, “The proposal would place new burdens on the backs of seniors.”

(More here.)

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