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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSaxby 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 Chamblisss (GA) break from Washington Lobbyist Grover Norquist. On a local television station, Chambliss spoke of breaking with Norquists 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, hes 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: Want to help spread the word? Go here and upvote it on Reddit. It takes literally 5 seconds to become a member.
http://www.reddit.com/r/politics/comments/13px1n/republican_senator_saxby_chambliss_is_breaking/
still_one
(92,403 posts)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)"Democrats" are on board with taking the meat axe to our social programs....
CaliforniaPeggy
(149,706 posts)Report1212
(661 posts)This is the man who smeared a disabled Vietnam Veteran.
Paladin
(28,273 posts)Kaleva
(36,347 posts)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
Tutonic
(2,522 posts)n/t
tilsammans
(2,549 posts)And tweeted, too!
Wounded Bear
(58,713 posts)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.
hrmjustin
(71,265 posts)Octafish
(55,745 posts)Tax the rich.