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Tentative budget deal reached .

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  • Strongly Liberal Democrat
    Democrat
    Pensacola, FL
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    Tentative budget to be increased by $80 billion paid for in part by cuts in Social Security and Medicare. I remember Obama worrying about what kind of message is sent if federal gasoline tax would be suspended. What kind of message is sent by cutting Social Security and Medicare?
  • Strongly Liberal Democrat
    Democrat
    Portland, OR
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    I'm reading things about this budget deal a little differently.

    This deal will transfer $80 Billion from the main Social Security fund to the Social Security Disability Insurance fund.

    If this deal didn't happen then current Social Security recipients wouldn't be getting a cost of living adjustment and SSDI recipients would be getting a 20% cut. With this deal Social Security recipients won't be getting a cost of living adjustment, but SSDI recipients won't be getting their benefits cut by 20%.

  • Strongly Liberal Democrat
    Democrat
    Pensacola, FL
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    jaredsxtn Wrote:

    I'm reading things about this budget deal a little differently.

    This deal will transfer $80 Billion from the main Social Security fund to the Social Security Disability Insurance fund.

    If this deal didn't happen then current Social Security recipients wouldn't be getting a cost of living adjustment and SSDI recipients would be getting a 20% cut. With this deal Social Security recipients won't be getting a cost of living adjustment, but SSDI recipients won't be getting their benefits cut by 20%.

    The agreement would raise spending by $80 billion over two years, not including a $32 billion increase included in an emergency war fund. Those increases would be offset by cuts in spending on Medicare and Social Security disability benefits, as well as savings or revenue from an array of other programs, including selling oil from the nation’s strategic petroleum reserves. The Medicare savings would come from cuts in payments to doctors and other health care providers.

    nytimes.com/2015/10/27/us/politics/cong...

  • Strongly Liberal Democrat
    Democrat
    Pensacola, FL
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    And displayed like cutting funding for pork programs. Wonder how Hillary and Bernie will react.