Social Security

I Was Wrong About Bernie Sanders, And So Is Barney Frank and His Fellow Clintonistas | Miles Mogulescu

Bernie Sanders may not win the Democratic Primary, but he is ideals are bankable. Miles Mogulescu breaks it down. Take a look.

Bernie Sanders

Bernie Sanders, Democratic prospect in the primaries. Huffington Post|The Blog

Bernie Sanders has garnered crowds of 10,000 supporters plus, raised over $15 million in small donor contributions, attracted over 100,000 people to organizing house parties, and is polling within 10 points of Hillary Clinton in the key early battleground states of Iowa and New Hampshire.

It’s enough to put a good scare into the Clinton campaign and Democratic insiders like Barney Frank who think Hillary should get a free pass to the nomination.

And whether or not Bernie ultimately wins the Democratic nomination, he is accomplishing two important goals.

via I Was Wrong About Bernie Sanders, And So Is Barney Frank and His Fellow Clintonistas | Miles Mogulescu.

White House not “hopeful” sequester will be averted – CBS News

Senior administration officials do not expect the spending cuts to be averted; they expect them to happen.

“It doesn’t look hopeful that we will resolve this before Saturday,” said one senior official who briefed reporters Tuesday afternoon.

The White House does detect some differences emerging among Republicans and pointed to comments from Sen. Lindsey Graham, R-S.C., and Rep. Scott Rigell, R-Va., who flew with President Obama to Virginia on Tuesday.

via White House not “hopeful” sequester will be averted – CBS News.

 

Obama Pressures Congress on Sequester – HispanicBusiness.com

“If Congress allows this meat cleaver approach to take place, it will jeopardize our military readiness … [and] eviscerate job-creating investments in education and energy and medical research,” he said. “It won’t consider whether we’re cutting some bloated program that has outlived its usefulness or a vital service that Americans depend on every single day. It doesn’t make those distinctions.”

Obama said the sequester would result in, among other things, reduced border patrol staffing, degraded first response capability in emergency situations, a furlough of FBI agents, layoffs of teachers and educators, air traffic and airport security cutbacks and loss of access to healthcare for hundreds of thousands of Americans.

via Obama Pressures Congress on Sequester – HispanicBusiness.com.

 

Boehner says senators should ‘get off their ass’ to stave off sequester – The Hill

Official portrait of United States House Speak...

Partisan finger-pointing has trumped negotiations as Congress and the White House barrel toward the March 1 deadline for replacing or modifying $85 billion in spending cuts to military and domestic programs. Leaders in both parties have likened the cuts to a “meat cleaver” approach to deficit reduction that could cost jobs and undermine military readiness, but have yet to engage in serious talks on reversing them.

via Boehner says senators should ‘get off their ass’ to stave off sequester – The Hill.

Democratic Congressman Destroys GOP Hypocrisy On Looming Budget Cuts | ThinkProgress

On ABC’s This Week Sunday morning, Rep. Keith Ellison (D-MN) called out Tom Cole (R-OK) for his claim that President Obama is responsible for the automatic budget cuts set to go into effect if Congress cannot reach a budget deal by March. The so-called “sequester” includes steep defense cuts intended to motivate Republicans who refused to agree to any deal that included a tax increase in 2011.

When Cole tried to pin the cuts on Obama, Ellison reminded him that Cole himself voted for the Budget Control Act that created the sequester:

via Democratic Congressman Destroys GOP Hypocrisy On Looming Budget Cuts | ThinkProgress.

 

Before Default, Let Republicans Bump Up Hard Against the Debt Ceiling

Before Default, Let Republicans Bump Up Hard Against the Debt Ceiling

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By Joe Conason

A prolonged confrontation over the nation’s debt ceiling — unlike the “fiscal cliff,” which provoked many scary headlines — could truly be grave for both America and the world. While press coverage often mentions the possibility of lowered credit ratings for the U.S. Treasury (again), that might only be the mildest consequence if Republicans in Congress actually refuse to authorize borrowing and avoid default.

Last time the nation prepared to face such an impasse, during the spring and summer of 2011, the chairman of the Treasury Borrowing Advisory Committee — a JPMorgan Chase official named Matthew Zames — laid out a disturbing scenario in a letter to Treasury Secretary Tim Geithner, in which he foresaw a rolling catastrophe that could inflict hundreds of billions in additional borrowing costs; spark a run on money funds, leading to a renewed financial crisis; severely disrupt financial markets and borrowing, killing fragile economic growth; and push the economy back into recession due to higher interest rates and tightened credit.

In short, the economy would contract sharply and the U.S. — along with the rest of the world — might well be plunged back into negative growth. If that was true in July 2011, it is equally true today, and there is no reason to dismiss that warning.

But the Republican leadership on Capitol Hill insists that they are willing to take these mind-boggling risks, solely for the purpose of enforcing an extreme austerity regime that has already done permanent damage in much of Europe. Between the “Boehner rule” demanded by House Speaker John Boehner, which requires a dollar in new spending cuts for every dollar increase in the debt ceiling, and the House Republican budget authored by Rep. Paul Ryan, Congressional Republicans evidently want not only to gut Medicare, Social Security and Medicaid, but to “eliminate more and more of the basic functions of government over time,” according to the Center on Budget and Policy Priorities.

No education aid, no food safety inspections, no environmental protection, no infrastructure repairs, no cancer research.

From immediate economic jeopardy to long-term national decline, these prospects are obviously appalling — yet many Republican elected officials sound positively pleased about the debt ceiling crisis they have created. Senator Tom Coburn, Republican of Oklahoma, told a right-wing radio host recently that a government default would actually be a “wonderful experiment.” He assured listeners, quite falsely, that their Medicare and Social Security checks would continue to arrive every month, no matter what, and that only “stupid” spending would be cut.

If Coburn — or any Republican senator — is so eager to test the debt ceiling, perhaps he should volunteer to bump up against it first. As the Tulsa World reported in 2011, federal spending in Oklahoma amounts to three times as much as the entire state budget, with Social Security alone accounting for almost a billion dollars a month there, and Medicaid and other medical assistance amounting to another $500 million-plus. Coburn’s ultra-conservative, deep-red home state is highly dependent on federal employment and assistance, ranking 12th in retirement and disability payments and 11th in per capita federal payroll, despite its small size.

So, by all means, let’s find out, as Coburn suggested, whether we can live “on the money that’s coming into the Treasury” without borrowing to finance those monthly pension checks and all those stupid federal jobs — and let’s start in Oklahoma tomorrow. Then let’s roll out the same experiment in every state whose senators and representatives are refusing to pay the bills they have already racked up over the years — especially states, like most of those below the Mason-Dixon line, where federal spending is far higher than the tax revenues remitted to Washington.

Surely that would silence all the loud talk about this “wonderful” experiment in fiscal brinksmanship.

This article was published at NationofChange at: http://www.nationofchange.org/default-let-republicans-bump-hard-against-debt-ceiling-1358432942. All rights are reserved.

Cutting Medicare, Medicaid & Social Security in the 113th Congress – Entitled to Know

 

 

ADAPT Medicaid Rally

ADAPT Medicaid Rally (Photo credit: SEIU International)

 

 

Will the New Congress Save Social Security, Medicare and Medicaid or Cut Benefits? The Middle Class wants to know.

 

Members of the 113th Congress have now taken their oaths of office but their day of congratulatory celebrations and receptions will soon be a distant memory as a series of self-induced fiscal “crises” will demand this new Congress’ full attention. Over the next few months, Congress will face default, sequestration, and a possible government shutdown. We can be sure that the well-financed anti-entitlement lobby will not let these crises go to waste. Each one provides the perfect backdrop for their long-running campaign to cut Medicare, Medicaid, and Social Security benefits to pay down the federal deficit.

 

via Cutting Medicare, Medicaid & Social Security in the 113th Congress – Entitled to Know.

 

 

New Congress will take fresh crack at old problems – Yahoo! News

 

Reuters/Reuters - A statue of the United States first President, George Washington, is seen under the Capitol dome in Washington January 2, 2013. REUTERS/Gary Cameron

New Congress will take fresh crack at old problems – Yahoo! News.

WASHINGTON (Reuters) – The new 113th U.S. Congress, which convenes on Thursday, is set to take a fresh crack at a number of old, and highly contentious, issues, such as gun control, immigration, the record debt, tax reform and the farm bill.

The FBI vs. Occupy: Secret Docs Reveal “Counterterrorism” Monitoring of OWS from Its Earliest Days

 

Once-secret documents reveal the FBI monitored Occupy Wall Street from its earliest days and treated the nonviolent movement as a potential terrorist threat.

via The FBI vs. Occupy: Secret Docs Reveal “Counterterrorism” Monitoring of OWS from Its Earliest Days.

PLEDGE: If you cut Social Security, I WILL primary you.

 

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PLEDGE: If you cut Social Security, I WILL primary you..

Over 15,000 people have used our Pledge To Primary site to let their Congressperson know they won’t stand for cuts to Social Security.