Senate Democrats are urging Senate Majority Leader Mitch McConnell (R-KY) to refuse to go along with the House GOP’s plan to force a battle over Social Security in the next two years.
In a letter sent Monday to McConnell, a group of Democrats called the Republican ploy “audacious.” The House adopted a rule last week that will prevent the routine transfer of tax revenue between the retirement and disability funds, upping the chances of a crisis for the latter in late 2016.
via Talking Points Memo.
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- “This provision would make it more difficult to simply rebalance the two funds as has been successfully done 11 times in the past (reallocations have been made in each direction between the two funds) – forcing benefit cuts or tax increases to the Social Security program.”








