HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » TheProgressive » Journal
Page: 1


Profile Information

Gender: Male
Hometown: Northern California
Member since: Wed Aug 19, 2009, 11:37 PM
Number of posts: 1,656

Journal Archives

Hmmmm.... Mar 1, 2013 CBO Report on Chained CPI

I would say chained-cpi is on the table. Below is the report. Looks like
Social Security gets hit hard.

Consider this: The 'savings' from the C-CPI is about $12.72 Billion per year for 10 years.
So, our government decides that American Retirees are just getting too much of their own
money and they think that is wrong.

Then compare this $12 billion/year to the military budget. Why can't they reduce their budget by
$12 billion/year. It isn't like we are in global world war?

One can deduce that our government Hates American retirees and so they use that money and
'give' it to rich military contractors...

We get non-stop bombardments from Obama and Pelosi and every republican that cuts to 'entitlement'
programs are mandatory to reduce spending. Funny thing, Social Security is *Self-funding* and contributes
*Zero* to the budget. Not one dime from the General Fund goes to funding earned benefits.

Fellow DUer, Jackpine Radical, posted this last night: "The time to scream is BEFORE it's a done deal".

We have to stop our government from taking/reducing our earned benefits.

CBO Link: http://www.cbo.gov/publication/43965?utm_source=feedblitz&utm_medium=FeedBlitzEmail&utm_content=812526&utm_campaign=0

Posted by TheProgressive | Mon Mar 4, 2013, 02:12 PM (65 replies)
Go to Page: 1