Friday, March 29, 2013

Obama Endless War On Social Insurance Continues

This time in his own budget:

WASHINGTON—The White House is strongly considering including limits on entitlement benefits in its fiscal 2014 budget—a proposal it first offered Republicans in December. The move would be aimed in part at keeping alive bipartisan talks on a major budget deal.

Such a proposal could include steps that make many Democrats queasy, such as reductions in future Medicare, Medicaid and Social Security payments, but also items resisted by Republicans, such as higher taxes through limits on tax breaks, people close to the White House said.

These measures would come as President Barack Obama continues his courtship of the Senate GOP in an effort to thaw tax-and-spending talks. The White House's delayed annual budget is scheduled to be released April 10, the same day Mr. Obama plans to dine with a group of Senate Republicans to discuss the budget and other issues.

Including entitlement curbs would be notable, as Republicans often have criticized the White House for offering such steps in private negotiations but never fully embracing them as part of an official budget plan.

People close to the White House believe a proposal to slow the growth rate of such benefits would use a variant of the Consumer Price Index to measure inflation. The new inflation indicator would cut overall spending by $130 billion, according to White House projections, and raise $100 billion in tax revenue by slowing the growth of tax brackets. The White House earlier called for an additional $800 billion or so in cuts on top of those resulting from the inflation adjustments.

"We and all of the groups engaged on this are starting to feel it may well be in the budget," said Nancy LeaMond, executive vice president at AARP, an advocacy group for seniors that opposes such changes.
Nothing we don't know here, it's just that Obama is getting very open about his burning desire to cut social security and Medicare. This is soulless policy and really dumb politics, but they just seem firmly committed to doing anything posible to cut social security and/or medicare.

Using your political capital to push benefits cuts for programs that the elderly and poor need to live is the work of a moral monster. We should be screaming this at the top of our lungs until Obama stops putting pushing these cuts.

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