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2016 Postmortem
Related: About this forumRemember Boner wanted Chained-CPI BAD...
http://www.politicususa.com/gop-hijacked-budget-december-chained-cpi-its.htmlGOP Hijacked the Budget Over Chained CPI in December, Now Its 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, hed 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 well 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! Its not even a real start. Its just rhetoric.
(snip)
In case youre 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 McConnells proposal includes basing Social Securitys 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
Andy823
(11,495 posts)1. It's pretty obvious
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...
.. was a dead out trap and Bonner & Co stepped in it.