Wednesday, January 07, 2015

This is what you elected them to do

The House Republicans of the 114th Congress, on their first day on the job, went to work setting up their very own manufactured Social Security "crisis."
They proved it Tuesday when they included a new rule in their rules package governing the 114th Congress that will prevent it from authorizing what has been routine reallocations of funds between the two Social Security programs, the retirement fund and the disability program. Reallocating funds between the programs has been entirely non-controversial and routine—Congress has done it 11 times, from and to both programs when one needs shoring up. But now House Republicans want to end that, presumably with the aim of forcing a crisis in 2016, when Social Security trustees say the disability program will run short.
But, hey, don't be too surprised.  They ran on this and won.  I know Bill Cassidy is on the Senate side but his highly generic nationalized campaign platform included a proposal to raise the retirement age to 70.
The most robust exchanges of the night took place when the three candidates argued about how to keep federal benefits for seniors -- like Social Security and Medicare -- solvent.

On Social Security, Cassidy is in favor of raising the minimum age for receiving Social Security benefits to 70 years old, but only for people who are currently young and can prepare for their retirement accordingly, he said.

Both Landrieu and Maness were adamant people should not have to wait until 70 to receive their Social Security payments. "People cannot work until their 70 and I think that is very bad policy," Landrieu said.
Next year, the Republicans are setting themselves up to chip away at the program by pitting the elderly against the disabled.  Maybe that sounds harsh but you elected them to do this stuff. 

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