IPFS News Link • Obama Administration
Obama's Budget Proposal: Cut Social Security, Medicare Benefits
• http://www.commondreams.org, Andrea GermanosSwitching to a chained CPI "is not a minor tweak, as its proponents contend," Sen. Bernie Sanders (I-Vt.), founder of the Defending Social Security Caucus, stated on Friday. It represents a real cut in benefits, as many progressives have pointed out.
And as liberal blogger Digby noted, Obama has the dubious honor of being the first "Democratic president [that] has officially proposed to cut the Democratic Party’s signature New Deal program, Social Security."