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Obama Plans To Cut Social Security

During the 2012 presidential campaign, Barack Obama warned Americans that they shouldn’t vote for Mitt Romney, because Romney would cut Social Security benefits. Obama pledged to defend social security, saying that “no current beneficiaries should see their basic benefits reduced, and he will not accept any approach that slashes benefits for future generations.”

Now, Barack Obama is going back on his pledge. In a budget released on Friday, the Obama Administration proposes cutting Social Security benefits.

Raul Grijalva and Keith Ellison, co-chairs of the Congressional Progressive Caucus, have released a statement slamming the decision, saying that Obama’s plan “to cut Social Security benefits could be disastrous for our economy because the recession has led more seniors to rely to Social Security for income. Cutting benefits now, when people are already struggling to make ends meet, will mean unnecessary hardship for millions of people. It is unpopular, unwise and unworkable.”

social security cut

4 comments to Obama Plans To Cut Social Security

  • manning120

    We have two economies in this country, loosely describable as the 1% and the 99%. The economy of the 1% is doing great. The economy of the 99% is doing poorly; in many cases, the 99% are unemployed, underfed, underhouse, and without medical care — things never dreamed of by the 1%, who worry primarily about how to keep their wealth working for them. Any suggestions to favor the 1% by taking from the 99% are highly suspect.

    If we had only one economy, the story might be different.

  • Maryann Caravalia

    If thay no good lying politican cuts social security, I’m going to become a Republican for the first time in my life.

    • That doesn’t make sense, Maryann. The Republicans want to cut Social Security too.

      Why not simply walk away from BOTH the Democrats and the Republicans, and become an independent voter?

      Or… why not consider the Green Party?

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