Jay Carney: “Technical” Social Security Cuts Still On The TablePosted: February 11, 2013 | |
Jay Carney was sent out today to mouth Obama’s slimy weasel words at the daily press briefing:
Q [Johnathan Karl, ABC] What about reducing the annual cost of living increases for Social Security recipients?
MR. CARNEY: Again, as part of a big deal, part of a comprehensive package that reduces our deficit and achieves that $4-trillion goal that was set out by so many people in and outside of government a number of years ago, he would consider that the hard choice that includes the so-called chain CPI, in fact, he put that on the table in his proposal, but not in a cherry-picked or piecemeal way. That’s got to be part of a comprehensive package that asks that the burden be shared; that we don’t, as some in Congress want, ask seniors to bear the burden of further deficit reduction alone, or middle-class families who are struggling to send their kids to college, or parents of children who are disabled who rely on programs to help them get through….
Q But I just want to be clear what you said at the beginning of that answer, which is the President….as part of an overall balanced approach, he does not rule out effectively reducing benefits for Social Security recipients?
MR. CARNEY: He has put forward a technical change as part of a big deal — and it’s on the table — that he put forward to the Speaker of the House. The Speaker of the House, by the way, walked away from that deal even though it met the Republicans halfway on revenues and halfway on spending cuts and included some tough decisions by the President on entitlements. The Speaker walked away from that deal.
But as part of that deal, the technical change in the so-called CPI is possible in his own offer as part of a big deal.
Excuse me? Cutting Social Security benefits by means of the Chained CPI is NOT a “technical change.” Once again, Bernie Sanders explains what is really going on: Chained CPI: An economic, moral disaster.
How many candidates for Congress last year won on the following platform?
1. That Social Security cost-of-living adjustments are too generous. Social Security should be cut over the next two decades by more than $1,000 a year for 85-year-old widows living on $1,200 a month.
2. That benefits earned by disabled veterans as a result of losing their arms, legs or eyesight in Iraq and Afghanistan are too generous. Disabled veterans’ benefits should be cut over the next 15 years by more than $1,400 a year.
3. That working families and the middle class don’t pay enough in taxes. We need to enact an across-the-board tax increase that disproportionately hurts workers making between $30,000 and $40,000 a year.
And yet all of these things will happen if Congress changes the way inflation is calculated by switching to a consumer price index (CPI) designed to lower cost-of-living adjustments….Wall Street billionaires and other supporters claim that changing the consumer price index is a “minor tweak.” Tell that to the millions of senior citizens trying to survive on just $14,000 a year whose Social Security benefits would be cut overall by $112 billion during the next decade.
Average 65-year-olds would get $650 a year less in benefits when they turn 75 and see a $1,000 a year cut when they turn 85.
Earlier, in response to an earlier question by Jonathan Karl, Carney supposedly took raising the eligibility age for Medicare off the table.
But why should we believe him? Sure enough Beltway Bob interprets the weasel words for us. On raising the Medicare age:
the cutoff for Medicare eligibility age has been under consideration repeatedly, giving health-care experts more time to run the numbers and parse their results. Their conclusion, essentially, was that raising the Medicare eligibility age is counterproductive: It cuts the deficit but raises national health spending as it moves seniors to more expensive insurance options. Some in the White House are simply more skeptical of the policy than they were two years ago.
The White House wants more revenues, and they want to get them through tax reform. But they’re not going to get $1 trillion in newer revenues. They’re hoping, at best, for another $600 billion or so. But that’s not enough for the administration to take the hit on the Medicare eligibility age. So they’re making their base happy and taking it off the table.
Does that mean it’s really off the table? Well, if Boehner went to the White House tomorrow and offered $1 trillion in new revenues, half of which would come via a carbon tax, in return for Medicare eligibility, I’m pretty certain the White House would hear him out. But the White House is pretty sure Boehner’s not going to offer that deal.
Here’s your Village in action. We have Ben White, POLITICO Chief Economic Correspondent, declaring on twitter that the White House offer to cut Social Security just isn’t going to get the job done:
If all WH has in return for another tax increase is superlative CPI I really don’t see any deal materializing.
— Ben White (@morningmoneyben) February 11, 2013
Ok fine, he’s just being a typical jaded and “savvy” Politico reporter. Why, of course, anyone who’s anyone knows that simply destroying Social security won’t be enough.
But look at how the White House immediately responds:
@morningmoneyben Remember we have an offer on the table that includes CPI, but also inclues Medicare changes and spending cuts
— Dan Pfeiffer (@pfeiffer44) February 11, 2013
@morningmoneyben R’s have no offer on the table, no plan, and no longer agree with their previous position that tax refom can reduce deficit
— Dan Pfeiffer (@pfeiffer44) February 11, 2013
See? We really do want to cut Social Security but that’s not all! We also want to “change” medicare and cut more spending. Really! We just dying to enact more austerity and we’re willing to do it as far as the eye can see! Those Republicans won’t even agree to tax reform, (which everyone knows means that we’re going to lower corporate rates.)
Ok, how about if we agree to slash funding for education and Veteran’s health care? Would you give us credit then? How about if we agree to ritualistically kill Big Bird on national TV? Then will you believe that we’re Grown-ups? CAN’T YOU SEE THAT WE ARE THE GROWN-UPS!!!! Why won’t you give us credit for being grown-ups ? We try so hard….
Read the rest of Digby’s post for her review of yesterday’s Sunday House of Pain with Dancin’ Dave.
Have I mentioned lately how much I fucking hate these fucking mealy-mouthed granny starvers? (h/t Mike Malloy) If we’re really lucky, and John Boehner is as stupid as he looks and sounds, Ben White’s prediction will be correct and there won’t be a “big deal.” Assuming Obama doesn’t get down on he knees and beg the Republicans to cut Social Security anyway, that is.