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A very large amount of news articles regarding the President dropping Chained CPI from his budget:
Good News For Social Security Beneficiaries…For a Change. - Entitled to Know.
Obama drops Social Security cut. - The Hill.
Obama hands progressives a win on Social Security. - Chicago Sun-Times.
Obama budget proposal to drop Social Security cuts. - Reuters.
Feeling pressure from the left, Obama backs off of Social Security cuts in budget. - Washington Times.
Obama Budget to Delete Proposal to Limit Social Security. - Bloomberg.
White House drops chained Consumer Price Index for Social Security. - Daily Kos.
Obama’s Budget Drops Big Social Security Cut. - Fire Dog Lake.
GOP’s Social Security disaster: Conservatives just lost their chance to cut benefit. - Salon.
Chained CPI Out of Obama Budget! Victory for the New Populists. - Huffington Post.
How John Boehner Spared Democrats Their Own Civil War. - National Journal.
In his press briefing today, President Obama referred to ‘…modest reforms in our social insurance programs have to go hand-in-hand with a process of tax reform…’. While we welcome President Obama’s continued efforts to move Congress toward a path of fiscal responsibility, America’s seniors know that in Washington, so-called ‘sensible reforms’ can mean virtually anything.
In last year’s budget, President Barack Obama raised the ire of liberal groups by proposing a technical change to the way Social Security benefits are calculated. A year later, an aide wouldn’t say if the measure, known as chained-CPI, will be in Obama’s forthcoming budget for the 2015 fiscal year.
National Committee’s President and CEO, Max Richtman, responds to President Obama’s State of the Union address.
In his State of the Union address, President Obama put a laser-like focus on “middle-class economics”, calling for policies that ensure every American has a fair shot at economic security. While the President may not have said the word “poverty” in his address, his FY2016 budget, released today, makes clear that “middle-class economics” must also expand the population of people to whom that term applies.
via Talk Poverty.
Related Reading:
Will the President’s Commitment to Middle-Class Agenda Protect Social Security too?
President Obama recently had a press conference about the fiscal cliff. Here is a quote that stood out the most.
Today, President Obama released his 2016 budget. There’s good news and bad news for seniors but nothing compared to what the GOP Congress has in store.
On February 2, 2015, President Obama submitted his Fiscal Year (FY) 2016 budget to Congress. For seniors, there is good news and bad news in some of the key proposals which are summarized below. In addition to the National Committee’s long-standing opposition to any benefit cuts, we will vigorously support proposals that enhance benefits, strengthen safety net programs and improve the quality of life for older Americans and their families. Some of the more significant proposals, including the National Committee’s positions, are detailed in our budget analysis.
Read more here.
Jack Lew: President Barack Obama’s Chief of Staff
The Chief of Staff was addressing seniors about the Administrations efforts to protect Social Security, Medicare, and Medicaid.
His budget plan is expected to be released in the next few weeks, but President Barack Obama hasn’t yet revealed if it’ll include the Social Security cuts that were in his budget last year. The president is facing a rebellion on his left flank, which is mobilizing against the so-called Chained CPI policy ahead of the November congressional elections. Chained CPI modifies the rate of inflation in a way that slows the growth of Social Security benefits, among other things.
Now is the time to BOOST Social Security, not cut it. The President needs to drop Chained CPI, which will cut benefits for seniors, veterans, and the disabled.