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Report1212

(661 posts)
Sat Nov 24, 2012, 01:23 PM Nov 2012

Saxby Chambliss Is Breaking With Grover Norquist To Make It Easier To Cut Social Security

Last edited Sat Nov 24, 2012, 01:54 PM - Edit history (1)

Please spread this far and wide. As a Georgian I am outraged over all the undeserved praise Saxby has been getting.


There has been much fanfare about Republican Senator Saxby Chambliss’s (GA) break from Washington Lobbyist Grover Norquist. On a local television station, Chambliss spoke of breaking with Norquist’s pledge to never raise taxes under any situation, saying, “I care too much about my country. I care a lot more about it than I do Grover Norquist.” [...]

The senator is not breaking from Norquist because he wants to raise taxes on the wealthy or big corporations. Rather, he’s doing it because it will make it easier to cut Social Security and Medicare benefits. [...]

For more than a year, Chambliss has been involved with a group of senators who support the Bowles-Simpson plan to cut Social Security and Medicare benefits while lowering the corporate tax rate. This Bowles-Simpson plan closes a few token tax loopholes, and also reduces the popular mortgage interest deduction. Norquist is opposed to closing even the tiny loopholes that the Bowles-Simpson plan closes, so he staunchly opposes the plan altogether — which also means opposing Chambliss.

Chambliss is willing to deal with closing small loopholes in the tax code in order to get to the wider goals of the Bowles-Simpson plan: cutting Social Security benefits by raising the retirement age, cutting Medicare benefits by capping overall spending, and dramatically lowering corporate tax rates.


Read more: http://boldprogressives.org/saxby-chambliss-is-breaking-with-grover-norquist-to-make-it-easier-to-cut-social-security/


UPDATE:
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http://www.reddit.com/r/politics/comments/13px1n/republican_senator_saxby_chambliss_is_breaking/
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Saxby Chambliss Is Breaking With Grover Norquist To Make It Easier To Cut Social Security (Original Post) Report1212 Nov 2012 OP
Raise the cap, no social security problem. If the Democrats are party to cutting or raising the age still_one Nov 2012 #1
Can't Wait to See How Many Iggy Nov 2012 #2
That is SO disgusting. I am appalled. CaliforniaPeggy Nov 2012 #3
What do you expect from Saxby Chambliss? Report1212 Nov 2012 #6
I Will Never Forgive Him For That. (nt) Paladin Nov 2012 #9
The home mortage deduction costs about 80 billion a year in lost revenue.. Kaleva Nov 2012 #4
K & R Tutonic Nov 2012 #5
K and R! tilsammans Nov 2012 #7
Why am I not surprised? Wounded Bear Nov 2012 #8
Never trust these people. They are bought and paid for. hrmjustin Nov 2012 #10
Compromise we can believe in. Octafish Nov 2012 #11
More often than not, "bipartisan" is code for help the rich nt Report1212 Nov 2012 #12
Is this the same Saxby Chambliss who attacked Max Cleland's patriotism? Cred = Zero. Scuba Nov 2012 #13

still_one

(92,403 posts)
1. Raise the cap, no social security problem. If the Democrats are party to cutting or raising the age
Sat Nov 24, 2012, 01:32 PM
Nov 2012

Of social security and Medicare they will lose.

I had no illusions when I voted Democratic, it was for the Supreme Court.

If Democrats actually stand by what has been the foundation of their party since FDR, I will be extremely happy

 

Iggy

(1,418 posts)
2. Can't Wait to See How Many
Sat Nov 24, 2012, 01:41 PM
Nov 2012

"Democrats" are on board with taking the meat axe to our social programs....

Kaleva

(36,347 posts)
4. The home mortage deduction costs about 80 billion a year in lost revenue..
Sat Nov 24, 2012, 01:45 PM
Nov 2012

and it primarily benefits those who are better off.

"In truth, the mortgage interest tax deduction benefits the rich far more than middle-income families."

"Yet the mortgage interest deduction alone costs the Treasury some $80 billion a year."

http://www.nytimes.com/2012/10/31/opinion/a-sensible-limit-to-the-mortgage-interest-deduction.html?_r=0

Wounded Bear

(58,713 posts)
8. Why am I not surprised?
Sat Nov 24, 2012, 02:19 PM
Nov 2012


I knew he had to have an ulterior motive. He wouldn't change that much for "the good of the people."

Something about leopards and their spots, I guess.
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