Friday, April 12, 2013

Cutting Social Security: Does Obama have a grand Democratic plan in mind or is he caving to Republicans again?

Cenk Uygur, political reporter Joe Williams, Yahoo! News senior editor Beth Fouhy and The Nation contributing writer Lee Fang assess President Obama’s budget plan, which includes cuts to Social Security through a chained CPI. Critics of the plan say the reform really just sells out senior citizens.

“Isn’t this horrible negotiation strategy?” Cenk asks, now that Republican figureheads like Paul Ryan are saying the chained CPI doesn’t count as true entitlement reform.

“It’s never enough. It’s never going to be enough,” Williams says. “But you have a potential strategy here where President Obama is demonstrating — yet again — another object lesson that the Republicans are intransigent, that they’re not willing to do anything that he proposes.”

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