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NYT: Benefits programs face bipartisan efforts to cut them [View All]

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Go2Peace Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-08-11 11:11 PM
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NYT: Benefits programs face bipartisan efforts to cut them
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Edited on Thu Sep-08-11 11:20 PM by Go2Peace

GOP, Democrats no longer fighting over whether to tackle programs, but how to do it



In a significant shift driven by bipartisan concern about the looming long-term debt, Republicans and Democrats are no longer fighting over whether to tackle the popular entitlement programs — Medicare, Medicaid and Social Security — but over how to do it.

In the presidential race, Gov. Rick Perry of Texas, the Republican front-runner of the moment, took the debate over entitlements to a level never before seen from a major candidate, calling for the end of all three programs as currently structured. In his debate with Republican rivals Wednesday, he amplified his claims that Social Security is a Ponzi scheme and a “monstrous lie” to younger Americans counting on the money for retirement. On Thursday, he circulated similar past criticisms from his chief rival, Mitt Romney, who defended Social Security in the debate.

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To the chagrin of many in his party, this summer Mr. Obama proposed changes in Medicare and Social Security that once would have been unthinkable for a Democratic president during his unsuccessful talks with the House speaker, John A. Boehner, for a “grand bargain” on cutting deficits. In return for the Republicans’ agreement to raise taxes after 2012 for the wealthy, Mr. Obama indicated that his party would support slowly increasing the eligibility age for Medicare to 67 from 65 and changing the formula for cost-of-living increases in Social Security to a less generous one that some economists consider more accurate.



http://www.msnbc.msn.com/id/44448329/ns/politics-the_new_york_times/
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