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Senators Kent Conrad and Judd Gregg propose a commission to cut Social Security/ Medicare benefits.

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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-26-09 06:28 PM
Original message
Senators Kent Conrad and Judd Gregg propose a commission to cut Social Security/ Medicare benefits.
The easy way they can cut social security benefits, increase the retirement age and cut Medicare is by forming a commission that will present legislation without Congressional hearings or amendments. Just an up and down vote.

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Commission to rein in federal entitlement costs is proposed
MCT News Service
October 28, 2009

WASHINGTON Amid signs that health care overhaul legislation will do little to slow the growth in health care spending in the coming decade, lawmakers and Obama administration officials are considering tougher steps to rein in soaring budget deficits.

One approach that's attracting widespread attention calls for creating a bipartisan commission to draft proposals to control the long-term costs of Medicare, Medicaid and Social Security. Together, the three programs account for 40 percent of all federal spending other than interest on the national debt.

The recommendations of the proposed commission would command a swift up-or-down vote by Congress. Senate Budget Committee Chairman Kent Conrad, D-N.D., and Republican Sen. Judd Gregg of New Hampshire, the chief authors of the proposal, say they may attempt to attach it to must-pass legislation raising the government's debt ceiling in the coming weeks.

"My concern is the trajectory of our deficits and debt are completely unsustainable and that (while) health care reform helps, it is not sufficient" to control runaway entitlement spending, Conrad said in an interview. "We've got to do much more, and I don't believe it will happen in the regular order. I think it requires a special process."

Christina Romer, the chair of the president's Council of Economic Advisers, said Monday that the White House was interested in the Conrad-Gregg proposal and other ideas floated by Sen. Evan Bayh, D-Ind., to create an entitlement commission next year, despite disappointments in such panels in the past. For now, however, she said, the administration's primary focus is on passing a health care overhaul bill that would extend coverage to the uninsured and impose discipline on health care expenditures.

"That's the most constructive thing we can do to deal with the long-run budget deficit," Romer said after a speech before the Center for American Progress, a policy research center in Washington. "What we're going to need besides that going forward, there certainly is the Conrad-Gregg commission idea."

The proposed Bipartisan Task Force for Responsible Fiscal Action would operate in a manner similar to the Defense Base Closure and Realignment Commission, in that its recommendations wouldn't be subject to congressional amendments, Gregg said. Because a three-fifths supermajority would be required in both chambers to adopt the recommendations, the two political parties also would have to work together to address entitlement revisions.

"The simple fact is that these are the types of issues which require people to join hands and jump off the political cliff together, or else it doesn't get done," Gregg said.

Experts agree that long-term health care and Social Security cost savings would necessitate highly unpopular measures, such as reducing health care benefits and cost-of-living adjustments, boosting taxes and fees, or, in the case of Social Security, raising the eligibility age even higher or increasing payroll taxes.

Read the full article at:

http://www.kfsm.com/sns-200910280803mctnewsservbc-healthcare-costs-mct,0,4098075.story
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-26-09 06:36 PM
Response to Original message
1. So what? Proposing a commission means dipshit. Also, the article is a month old.
I guess you had to go back into Google under "fearmongering" right? :eyes:
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NYCGirl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-26-09 10:37 PM
Response to Reply #1
5. Give the OP a break. Must be a slow anti-Obama news day. NT
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-26-09 10:58 PM
Response to Reply #5
6. So does that mean you support threatened cuts in social security and Medicare benefits ....

or would you rather not let everyone know your opinion on this matter?
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NYCGirl Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-27-09 02:34 PM
Response to Reply #6
9. I'd rather wait to panic until something more than a sketchy article says so. NT
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KakistocracyHater Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-27-09 08:57 PM
Response to Reply #6
10. I say good, let them start the cutting with their own 'entitlements' since pay
Edited on Fri Nov-27-09 08:57 PM by KakistocracyHater
for them is more than enough for them to buy private insurance. I say FORCE them to live their words first, then after a year they can come back to the table & we'll see how they feel about cuts.
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madfloridian Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-26-09 06:51 PM
Response to Original message
2. Read this from 1997....they want to privatize education, Soc, Sec, Medicare.
They came right out and said so.

1997 Mother Jones: DLC wanted Medicare, Social Security, education "in the new marketplace."

They came our and said they wanted to privatize it all.

DLC President Al From is urging Clinton to undertake a "fundamental restructuring our biggest systems for delivering public benefits -- Medicare, Social Security, and public education, for openers." Similarly, Will Marshall of the Progressive Policy Institute (PPI), the DLC's think tank, argues for moving Medicare and Medicaid "into the new marketplace."

....The New Democrats condemn bureaucracy and exhort Americans to be mutually responsible for one another. But why, then, does the DLC want the nation's most popular and administratively efficient public program, Social Security, to be partially diverted into millions of individual accounts managed by Wall Street brokers? By pursuing the breakup of unitary programs for Social Security and Medicare, the DLC is promoting social division, regulatory complexity, and a vast corporate subsidy -- rather than furthering the mutual responsibility, administrative simplification, and "end of corporate welfare" it claims to favor.


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madfloridian Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-26-09 06:59 PM
Response to Original message
3. You should not be getting so many unrecs on this. It is true.
http://journals.democraticunderground.com/madfloridian/4710

The goal of the DLC and its members has for years been to let big business profit.
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-26-09 10:28 PM
Response to Original message
4. well they seem to find enough money for WAR!
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BeFree Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-27-09 09:00 PM
Response to Reply #4
11. Exactly
Edited on Fri Nov-27-09 09:00 PM by BeFree
They can find money to kill people but no extra money to help people live?

Bastards.
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inna Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-26-09 11:20 PM
Response to Original message
7. jesus christ.
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RepublicanElephant Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-27-09 02:27 AM
Response to Original message
8. why don't these guys just come right out and say it...
"if you're not rich, we don't give damn!"


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windbreeze Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-27-09 09:49 PM
Response to Original message
12. What some people don't seem to understand is
that they could cut SS and medicare....I know a 14yr old kid, who's drawing as much SS as I draw, whose 30 something yr old parents don't even work or pay into it, most of the time....after I had to work 30 years to earn it. He has adhd, so the state declared him disabled, just so he could draw SS, and the State wouldn't have to pay for his meds or Foster home, now they just draw SS and that takes care of it all..and he's no longer a dependent of the state he lives in...he's on the Federal tit instead. Why shouldn't his parents/family have to take care of him instead??

Advantage programs cost the gov't between $500 and $600 a month EXTRA, over and above the approximate $100 payment each person makes for medicare every month...think about that...The gov't pays between $500/$600 EACH AND EVERY MONTH...for EACH and EVERY INDIVIDUAL on a MEDICARE ADVANTAGE PROGRAM....so IF they cut accordingly, they could save the gov't billions, and possibly trillions every month w/o hurting those who depend upon either....(however, who's going to count on them to do the cutting the right way?)wb
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johnaries Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-27-09 10:02 PM
Response to Original message
13. They've been proposing this since 2007.
Just for some perspective.
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