National Committee Rally Corps members at the event outside the White House.
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The latest Bowles-Simpson plan to tackle the nation’s debt offers nothing more than a repackaged proposal to cut to Social Security, Medicare and Medicaid through measures such as the chained CPI, means testing Medicare and raising the eligibility age. Yet, America’s seniors, the disabled, veterans and their families have already rejected these proposals through hundreds of thousands of petitions, letters and phone calls to Congress and the White House.
via NCPSSM.
Some in Washington want to use the Chained CPI which will cut Social Security benefits for seniors, veterans, and the disabled. There is no reason for Social Security to be on the table during deficit reduction debates since it does not contribute one penny to the deficit.
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And while the vast majority of the American people do not support cutting Social Security and Medicare benefits, the President and some in Congress appear ready to do just that through proposals like the Chained CPI, expanding Medicare means testing to the middle class and raising the retirement age.
Max Richtman via NCPSSM.
The chained CPI has risen to walk among us again in the muttering and jawboning around the government shutdown/debt limit standoff and the search for an exit. We’re hearing again about a “grand bargain” on the government deficit – never mind that the deficit is falling, not rising – that would trade, say, cuts in Social Security and Medicare and some kind of tax reform for an end to the government shutdown and an increase in the debt limit.
Michael Hiltzik via Los Angeles Times.
Chained CPI, raising eligibility age, and means testing, oh my. Bowles-Simpson has another idea for seniors: “Pay More and Get Less”.
These benefit cuts to Social Security and Medicare will hurt seniors, veterans, and the disabled. This is something that Americans cannot afford.
Some in Washington want to use the Chained CPI. The Chained CPI is a benefit cut to Social Security, plain and simple. It will affect seniors, veterans, and the disabled. Tell your Member of Congress not to support the Chained CPI.
The sequester may spare Social Security, Medicare, and Medicaid but they are likely to be targeted in budget talks to reduce the deficit.
Additionally, the sequester does affect seniors programs like Meals on Wheels and National Family Caregiver Support Program.
Tell the 113th Congress not to cut Social Security, Medicare, and Medicaid by signing our petition: http://www.thetruthnow.org/Petition.aspx
Politico: “Liberals want to save Social Security with the chained CPI.”
Did you know that the chained CPI was a liberal scheme? And that turning Social Security and Medicare into welfare programs by means testing them is, too? If that’s news to you, you haven’t been reading Politico. An article titled “The quite liberal plans for entitlement reform,” (those sneaky liberals) argues that there’s secret agreement among “liberals” for a raft of reform that “could allow President Barack Obama to get the discussion on entitlements going without infuriating his base.
Now the Chained CPI is back. Why is such a patently poor measure of inflation, which could cut benefits for society’s most vulnerable rearing its head again? I suspect that it’s because the programs conservatives want to slash — especially Social Security, Medicare and Medicaid — are too overwhelmingly popular to cut outright.
Max Richtman via Unchain seniors from chained inflation index.
“Chained CPI” is a phrase floating around the Social Security debate that is important to current and future Social Security beneficiaries. Chained CPI would change the way cost of living adjustments (COLA) for Social Security and other other government programs are calculated. The COLA increase that is applied to Social Security, food stamps, Supplemental Security Income, and other programs is determined by the increase in the consumer price index (CPI). The formula has been changed over the years to attempt to make it a more realistic reflection of increases in the price of consumer goods, according to economists. The chained CPI assumes that when prices increase for one product, people substitute a less expensive product.
Chained CPI = Cut to Social Security. That simple.