Catfood Commission Back in Action

[jtown1123]

Politico

Signs of hope for deficit plan

By DAVID ROGERS | 2/1/11 5:53 PM EST Updated: 2/2/11 8:22 AM EST

A bipartisan effort to resurrect the recommendations of last year’s presidential deficit-reduction commission gained steam Tuesday in the Senate, where nearly half the members turned out for early morning briefing on the debt crisis and old friends of House Speaker John Boehner are taking the lead alongside the Democratic chairman of the Senate Budget Committee.

The path ahead remains extremely difficult, but the forces coming together represent the best shot this Congress has of finding the political mass needed to bring President Barack Obama and the new House Republican majority to the table.

“I think we will make it easier for him to jump in,” said Sen. Tom Coburn (R-Okla.) of the president. “None of us know how we can go yet,” said Sen. Richard Burr (R-N.C.). “But if we can bring the White House to the table on Social Security, the House will be there”

The REST: http://www.politico.com/news/stories/0211/48639.html

[Brickbat]

1. I'll be darned.

And here I thought we'd never see hide nor hair of that commission again.

[jtown1123]

2. Not surprised. The whole point of it was to come up with awful ideas that Republicans

and conservadems would use in their proposals. The said thing is, they had no economists on the Fiscal Commission whatsoever. Yeah...that's something we should look at seriously.

[xchrom]

3. Recommend

[OHdem10]

4. Fascinating how "fixing " SS keeps popping us as the most

important chore. Folks, it Medicare that is really in
trouble.

That SS Trust Fund will help pay off the Deficit??????

[jtown1123]

5. You're absolutely right. I posted this article earlier how SS is a non issue

http://www.businessinsider.com/eyes-on-the-prize-a-social-security-summary-2011-2

[slipslidingaway]

10. From your article ...

"...And we should not forget that CBO has published an "option number three" that shows the cost of one way of fixing Social Security would be a payroll tax increase of one half of one tenth of one percent per year. One half of one tenth of one percent of an average worker's pay today is forty cents per week, and the boss pays half of that.

Then, we have the good people who want to "fix Social Security" by taxing the rich... either by raising the cap, or by dedicating the estate tax to pay for Social Security. These people do not know, or do not understand that this is exactly what FDR was careful NOT to do. He did not want Social Security to be "the dole" "so that no damn politician can take it away from them."

http://www.businessinsider.com/eyes-on-the-prize-a-social-security-summary-2011-2

[CrispyQ]

6. It's not about paying of the deficit. It's about stealing the last thing that has any value

in this country. They know Medicare is in trouble - there's nothing to pilfer there. But SS? Oh yeah, they want it so bad you can see a little bit of drool in the corner of their mouth when they talk about it.

[jtown1123]

7. Exactly. It's where the money is. Many of them have said exactly that.

[slipslidingaway]

9. Yes, will people let them get away with the 2.5 trillion dollar theft ...

:shrug:

[slipslidingaway]

8. "...Folks, it Medicare that is really in trouble..." exactly! n/t