Mark Begich’s Plan to Stop the Effects of Inequality on Social Security Finances

By: Friday November 16, 2012 10:52 am

I will be on Mark Thompson’s Make It Plain show on Sirius/XM – I’m actually on every Friday – and we tape early, so I can tell you that one of the things I’ll talk about is how Social Security’s long-term funding is an artifact of rampant US inequality. See, we have a payroll tax [...]

Social Security a Far Better Deal for Workers Than Modern Retirement Plans

By: Wednesday October 24, 2012 10:04 am

is brief set of calculations from the Wall Street Journal’s Ellen Schultz shows simply how much of a raw deal American workers have been getting from defined-contribution retirement plans. It is impossible for them to generate the rate of return of a defined benefit plan, just completely impossible.

Romney Has Been Consistent on Social Security: Raise Retirement Age, Progressive Price Indexing

By: Friday October 5, 2012 11:43 am

Mitt Romney explicitly called for an increase in the retirement age in a speech to the Detroit Econmic Club in February 2012, during his campaign for President. He also described “progressive price indexing,” another way to cut benefits. This was all a consistent part of Romney’s views on Social Security during the primary, and it [...]

Obama Re-Endorses Raising Social Security Payroll Tax Cap

By: Friday September 21, 2012 1:42 pm

While many chuckle over Paul Ryan getting booed at the AARP conference – and sure, that is funny – President Obama actually made some news in his appearance. Because it’s a year divisible by four, he returned to a progressive idea on Social Security that he endorsed in his last campaign. President Barack Obama revived [...]

Giving Up the Argument: The Payroll Tax Cut Chase

By: Saturday August 27, 2011 9:30 am

Dave Weigel has a really nice piece about the Democrats’ cunning plan to trap Republicans into cutting payroll taxes. As Dave says, it wasn’t so long ago that lifting the payroll tax cap was a standard part of any Democrats’ stump speech. In fact, people like Jim Clyburn still mention it today, and Bernie Sanders [...]

Group that Heckled Romney “Puts Principle Before Party,” Questions Both Parties on Social Safety Net, Making Corporations Pay

By: Friday August 12, 2011 6:50 am

By now the political world has heard about Mitt Romney’s statement to a group of hecklers at the Iowa State Fair yesterday. Explaining why he didn’t want to tax corporations to lower the deficit and pay for social insurance programs, Romney stated that “corporations are people, my friends.” This received the requisite amount of attention [...]

The Truth About Social Security – A Problem of Inequality

By: Tuesday June 21, 2011 6:50 am

Social insurance advocates remain dismayed by AARP’s decision to accept Social Security benefit cuts as part of a balanced solution to address the long-term funding gap, a decision they claim was not any different than their prior stances. AARP popped up yesterday to insist on their opposition to including Social Security as part of the [...]

Obama Reaffirms Desire to Lift Social Security Payroll Cap

By: Tuesday April 19, 2011 10:28 am

The President held a town hall meeting in Annandale, Virginia, and these are usually events that serve as a conduit for a message that the President wants to get out. Therefore, it’s worth paying attention to his entire answer about Social Security: Q Hi, Mr. President. My name is Vinita Griffin (ph). I’m a late [...]

Social Security Options in the Grand Bargain

By: Wednesday February 16, 2011 10:31 am

One of the more glaring possible outcomes in the grand bargain would be a plan to “reform” Social Security for the long term. The President was praised by the Strengthen Social Security coalition for not proposing benefit cuts in the State of the Union or the 2012 budget proposal. The budget also added funds to [...]

Poll: Social Security Cuts Would Deeply Harm Electoral Fortunes of Obama, Democrats

By: Thursday January 20, 2011 7:50 am

Another section not covered in the NBC poll featuring a surge of support for President Obama is Social Security. We know pretty well that the President is hashing out some kind of response to Republicans on deficit reduction for the State of the Union. Again, with this poll resurgence he probably feels a bit pleased [...]

White House’s Fervor for Low Taxes Eliminating Revenue Options for Deficit Reduction

By: Friday January 14, 2011 7:57 am

The President made plenty of promises on the campaign trail in 2007-2008. He claims that he keeps a checklist and has made progress on 70% of them. Even if you believe that, 30% of what he said on the trail never came to pass. And people have come to anticipate that politicians won’t follow all [...]

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