(10 am. – promoted by ek hornbeck)
Kill Off Social Security.
Yeah, that ought to work.
(From the links. ek)
Plan’s Focus on Social Security Taxes Reflects Its Modest Ambitions
By BINYAMIN APPELBAUM, The New York Times
Published: September 8, 2011
WASHINGTON – The centerpiece of President Obama’s job-creation plan, a proposal to further reduce Social Security taxes, is emblematic of a package of modest measures that some economists describe as helpful but not sufficient to lift the economy from its malaise.
The cuts, which would deprive the government of about $240 billion in revenues next year, are the largest items in the president’s $447 billion job-creation plan, which includes payments to unemployed workers, incentives for companies that hire workers and increased federal spending on infrastructure. All of the measures will require the support of Congressional Republicans.
But some advocates, noting that temporary tax cuts have a history of becoming permanent, worry that reducing direct Social Security revenues could undermine political support for the program by making it seem more like a form of welfare.
Obama Pushes Medicare Cuts In Jobs Speech
Zach Carter, Huffington Post
9/8/11 10:53 PM ET
WASHINGTON — In his jobs speech before Congress Thursday night, President Barack Obama appeared to call on congressional Democrats to cut Medicare, a politically toxic proposal that undercuts a previous Democratic campaign strategy.
As Ezra Klein reported for the Washington Post on Wednesday, Obama is planning a separate deficit reduction package that liberal groups expect to include raising the eligibility age. Making this change for both Medicare and Social Security hits poorer participants in the programs hardest, since they are more likely to die at a younger age.