This affects us personally. Our beloved president has put Social Security cuts on the table for a debt deal with Republicans, because Republicans refuse to roll back tax breaks for the rich and big corporations. Obama is desperate to stop the government shutdown that Republicans are threatening if Obama doesn't play ball and make a bunch of painful budget cuts. Obama doesn't know how to negotiate, so he just gives things away. Now he is saying he would support changes that would reduce the size of annual cost of living increases to social security. Over a period of about 10 years, this would effectively reduce the amount we would receive by about $500 a month, or possibly more. Hopefully we will still be here in 10 years, and, if so, we will need that $500 a month. Since Obama is pretty much a lost cause, we need to put pressure on congressional Democrats to reject this plan. Obama can't do this without them.
Here is the link:
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