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Rosco T.

(6,496 posts)
Thu Apr 11, 2013, 07:06 PM Apr 2013

Remember Boner wanted Chained-CPI BAD...

http://www.politicususa.com/gop-hijacked-budget-december-chained-cpi-its.html

GOP Hijacked the Budget Over Chained CPI in December, Now It’s Not Enough


In December of 2012, Speaker John Boehner (R-OH) said he had to have chained CPI. Oh, a little chained CPI would be compromise and if he got it, he’d give the President $1 trillion in revenue, “President Barack Obama is considering a possible budget concession on Social Security cost-of-living increases after House Speaker John Boehner dropped his opposition to raising tax rates for some top earners, said two people familiar with the talks…. A Republican congressional aide said Boehner is pressing harder for the CPI revision than for other entitlement changes, such as an increase in the Medicare eligibility age.”

Give us the chained CPI and we’ll give you 1 trillion in revenue, Republicans offered in December. Cut to April of 2013: Obama offers them chained CPI, and guess what?

Chained CPI is not enough of a compromise! It’s not even a real start. It’s just “rhetoric”.

(snip)

In case you’re not convinced that Republicans knew what they wanted as they held the country hostage last year, in December, chained CPI was the sticking point, “A Democratic aide said the problem was that McConnell’s proposal includes basing Social Security’s cost-of-living adjustments on something called a chained CPI, a measure of inflation that grows more slowly than the way Social Security measures inflation now.”
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Remember Boner wanted Chained-CPI BAD... (Original Post) Rosco T. Apr 2013 OP
It's pretty obvious Andy823 Apr 2013 #1
Which is why I think 'offering' Chained CPI in the budget... Rosco T. Apr 2013 #2

Andy823

(11,495 posts)
1. It's pretty obvious
Thu Apr 11, 2013, 08:01 PM
Apr 2013

No matter what the president does, no matter what he offers, it's never going to be accepted by the republicans! This is all political theater, and republicans are going to have to agree with the president, which Boehner says they won't do, on this, or they have to come out and say "it's bad for seniors" which will anger their base as much as agreeing with the president. I would be surprised to see this even make it to a vote.

Rosco T.

(6,496 posts)
2. Which is why I think 'offering' Chained CPI in the budget...
Thu Apr 11, 2013, 09:08 PM
Apr 2013

.. was a dead out trap and Bonner & Co stepped in it.

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