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In reply to the discussion: We need a deal on the budget [View all]democrattotheend
(11,605 posts)8. A voice of reason
Thank you. I really, really hate this chained CPI crap, but I agree that the impact on the economy of failing to get a deal will hurt a lot of people.
Plus, the worst of the cuts from chained CPI won't kick in for a while. I predict it being like the Medicare doc fix, where they start patching it every year once the cuts get bigger to prevent them from hitting too hard. This enables the president and Congressional Democrats to say they compromised and did something to reduce the deficit, but do something down the line when the cuts start to actually hit hard. When the cuts start to hit harder Democrats can propose yearly fixes to prevent or lessen the cuts and force the Republicans to vote against them.
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Nothing like smiling at something that will fuck millions of poor and middle class
BrentWil
Dec 2012
#22
We do need a deal. I know cuts are coming. But for me, Social Security is the line in the sand.
Honeycombe8
Dec 2012
#16