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The Emerging Offer

Another tidbit: One House Republican familiar with the talks says parts of sequestration may be something Republicans will discuss, should Democrats inch toward them on taxes or health care. For example, if Democrats start to talk about chained CPI, Republicans may budge a little on sequestration and look at trading some entitlement reform for renewed funding. Senate budget chairman Patty Murray and Ryan have been having related talks for months, and they’re poised to guide the negotiations, should they pick up speed. House leadership, per several sources, seems open to such trades.

The Chained CPI would impact seniors, veterans, and the disabled.

Source: ncpssm
social security chained cpi politics news sequestration sequester government shutdown seniors retirement entitlements

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salon.com

Grand bargain extortion?: Liberals fear Social Security cuts are coming
Liberal House members tell Salon they’re worried “Chained CPI” could end up on the table. Here’s what it would mean:
With the government shutdown in its third day and bank CEOs having met with the president, Democrats are hoping pressure from GOP moderates, the media, and Big Business will force House Republicans to re-open the government and step back from the brink of a debt default. But as Speaker Boehner reportedly seeks a “Grand Bargain” with Obama, some progressives are raising concerns about the potential for a last-minute, closed-door deal with a heavy price – including a proposed Social Security cut praised repeatedly by the president.
Source: ncpssm social security chained cpi grand bargain politics budget economy retirement seniors government shutdown
ncpssm.org

White House Backing Away from Cutting Social Security Benefits

Reports that President Obama will not include cuts to Social Security through adoption of the Chained CPI in his 2015 budget is welcome news for millions of seniors, veterans and people with disabilities who are tired of their modest benefits being used as deficit reduction bargaining chips.  While it appears the White House has, for now, listened to the vast majority of Americans, of all ages and political parties, the President has still left the door open for more “let’s make a deal” bargaining with seniors’ benefits.  He’s taking one step forward by keeping the Chained CPI out of his budget.  We hope he won’t end up taking one step back by offering it up again later during any budget talks.

Read the rest of our statement about this news here.

Source: ncpssm.org social security chained cpi politics news entitlements president obama seniors retirement retirees retirement crisis
fa-mag.com

Chained CPI Could Cut Social Security Benefits
“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.

Source: ncpssm social security chained cpi entitlements politics seniors retirement retirees elderly

Activists at the U.S. Capitol protesting proposed cuts in Social Security benefits known as the “chained CPI.” The proposal would reduce the cost-of-living adjustment seniors receive. Members of the Congressional Progressive Caucus spoke in opposition to the proposal, which surfaces as Washington elected officials look for a “grand bargain” that could end the government shutdown standoff.

Some of our National Committee volunteers with their yellow shirts on!

Source: ncpssm social security chained cpi entitlements upworthy politics seniors activism volunteerism capitol washington dc

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.

Source: boostsocialsecuritynow.org chained cpi news social security politics president obama barack obama budget p2 entitlements seniors retirement retirees retirement crisis
“ Chained CPI for Social Security means forcing seniors, veterans onto food stamps. If you follow this blog, you already know the Chained CPI – a proposed change to Social Security’s annual cost-of-living adjustment (COLA) – is really just backdoor...

Chained CPI for Social Security means forcing seniors, veterans onto food stamps.
If you follow this blog, you already know the Chained CPI – a proposed change to Social Security’s annual cost-of-living adjustment (COLA) – is really just backdoor attempt to cut Social Security benefits. A retiree who lived to age 85 would see a cumulative benefit cut of nearly $14,000.

Chained CPI will devastate seniors, veterans, and the disabled.

Here are some additional resources that go into depth about Chained CPI: One, two, and three!

Source: ncpssm social security chained cpi entitlements politics veterans seniors disabled
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...

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

Source: ncpssm social security medicare medicaid chained cpi politics entltlements sequestration sequester
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Rep. Alexandria Ocasio-Cortez made a plea for expanding Social Security benefits on Tuesday… in support of Rep. John Larson’s Social Security 2100: A Sacred Trust bill. Read more here: https://www.ncpssm.org/entitledtoknow/rep-larson-introduces-social-security-2100-a-sacred-trust-bill/. #Secure2100 #SocialSecurity

Rep. Larson Introduces Social Security 2100: A Sacred Trust bill - NCPSSM
The National Committee to Preserve Social Security and Medicare --- on behalf of its millions of members and supporters --- applauds Congres
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