Lazy Caturday Reads

Bette Davis

Good Morning!!

I’m not an economist, but I’m going to post some economic news today. Dakinikat is an economist, and maybe she will weigh in on what’s happening.

Talks between Democratic Congressional leaders and Trump administration representatives have broken down.

CNN: Stimulus talks break down on Capitol Hill as negotiators walk away without a deal.

Negotiations over the next stimulus package intended to bolster the economy and help struggling Americans pay their bills have stalled on Capitol Hill with Democrats and Trump administration officials walking away after talks broke down on Friday and devolved into partisan finger-pointing.

At a hastily scheduled news conference at his Bedminster, New Jersey, golf club Friday evening, President Donald Trump laid out the executive actions he said he would pursue if Congress does not reach a deal.

No additional discussions are planned after nearly two weeks of daily meetings, and lead White House negotiators Mark Meadows and Treasury Secretary Steve Mnuchin said they were recommending Trump move ahead with a series of executive orders.

Trump said Friday the actions would include a payroll tax deferment, extending unemployment benefits, extending an eviction moratorium and deferring student loan payments and forgiving their interest.

It’s not at all clear to me that any of this would be legal, especially cutting the payroll tax, which would starve Social Security and Medicare. Trump is obviously dying to do that. Back to the CNN story:

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Trump said “they’re talking about” deferring the payroll tax until the end of the year. “And I can extend it at a certain period … and it will be retroactive until July 1,” he said. “I’m going to enhance unemployment benefits through the end of the year,” he added, without specifying any amount.

But the executive orders are expected to meet fierce resistance from Democrats who plan to challenge them in court. Democrats warn that executive action taken will be insufficient to address the extent of the economic and public health crisis faced by Americans during the pandemic.

CNN: Coronavirus has already dealt a blow to Social Security’s finances. Trump’s payroll tax holiday could make it worse.

This isn’t a far-off problem that retirees’ grandchildren would face. If this economic downturn is as bad as the Great Recession a decade ago, then the Social Security trust funds could run out of money in 2029, according to the Bipartisan Policy Center. After that, beneficiaries could see a 31% cut in retirement payments.

The program’s trustees had projected earlier this year that the trust funds would be depleted in 2035, but that did not take the coronavirus pandemic into account.

It would be the first time the estimated insolvency date was within a decade since the crisis of the 1980s, which prompted several changes, including raising the retirement age, said Shai Akabas, the center’s director of economy policy.

“An already urgent situation has become even more pressing,” Akabas said, noting the severe drop in payroll tax revenue. “We expect that that trend is going to continue for many years as it takes the labor market to recover.”

Donna Reed

From Business Insider: Trump implementing a payroll tax cut through executive order would blow a hole in Social Security and Medicare’s finances, economists warn.

“Trump’s scheme would weaken the Social Security and Medicare trust funds by diverting the revenue from the employee portion of Social Security and Medicare taxes, and potentially the employer’s share of Medicare taxes, from the programs’ trust funds,” the memo from the Center for American Progress said.

Earlier this year, Congress deferred the employer-portion of the Social Security tax (6.2%) through 2022 under the CARES Act. But they replaced the lost money with an infusion of general Treasury funds.

Trump, the memo said, lacks the authority to appropriate funds, which is Congress’s purview.

Many economists say that implementing a payroll tax cut through an executive order wouldn’t lead to a bump in wages for most workers, since the executive branch can only defer tax payments up to a year and not forgive them. Wiping out the payment requires Congress to act.

Legally, employers remain on the hook for any delayed payment. Firms would likely keep the money since they fear being saddled with a hefty tax bill if Congress didn’t move to forgive it.

Obviously, the fact that this would be illegal won’t stop Trump from trying it.

Paul Krugman weighs in on the economic crisis we face: Coming Next: The Greater Recession. Krugman argues that without a second stimulus package being enacted very soon the economy is going to get much worse.

I’m not sure how many people realize just how much deeper the coronavirus recession of 2020 could have been. Obviously it was terrible: Employment plunged, and real G.D.P. fell by around 10 percent. Almost all of that, however, reflected the direct effects of the pandemic, which forced much of the economy into lockdown.

Ava Gardner, 1946

What didn’t happen was a major second round of job losses driven by plunging consumer demand. Millions of workers lost their regular incomes; without federal aid, they would have been forced to slash spending, causing millions more to lose their jobs. Luckily Congress stepped up to the plate with special aid to the unemployed, which sustained consumer spending and kept the nonquarantined parts of the economy afloat.

Furthermore, evidence from austerity policies a decade ago suggests a substantial “multiplier” effect, as spending cuts lead to falling incomes, leading to further spending cuts.

Put it all together and the expiration of emergency aid could produce a 4 percent to 5 percent fall in G.D.P. But wait, there’s more. States and cities are in dire straits and are already planning harsh spending cuts; but Republicans refuse to provide aid, with Trump insisting, falsely, that local fiscal crises have nothing to do with Covid-19.

Bear in mind that the coronavirus itself — a shock that came out of the blue, though the United States mishandled it terribly — reduced G.D.P. by “only” around 10 percent. What we’re looking at now may be another shock, a sort of economic second wave, almost as severe in monetary terms as the first. And unlike the pandemic, this shock will be entirely self-generated, brought on by the fecklessness of President Trump and — let’s give credit where it’s due — Mitch McConnell, the Senate majority leader.

In other news, Chief Justice John Roberts is showing his true colors when it comes to abortion.

Dahlia Lithwick and Mark Joseph Stern at Slate Magazine: John Roberts’ Stealth Attack on Abortion Rights Just Paid Off.

The Supreme Court’s recent decision in June Medical v. Russo was hailed by many liberal court watchers as a win for reproductive rights, as the court declined to overturn Roe v. Wade and formally eliminate the right to an abortion. On Friday, however, a federal appeals court ruled that June Medical significantly narrowed the constitutional right to abortion access. The 8th U.S. Circuit Court of Appeals panel swept away an injunction that had blocked Arkansas from enforcing a slew of abortion restrictions, including a requirement that patients pregnant as a result of rape notify their rapists before terminating their pregnancy. The appellate court’s decision confirms that Chief Justice John Roberts’ controlling opinion in June Medical will serve as a tool to eviscerate abortion rights. Those who briefly heralded him as a champion of reproductive freedom were too caught up in the halftime show to see the game.

Olivia de Havilland

Friday’s ruling in Hopkins v. Jegley greenlights four Arkansas regulations passed in 2017. The first of these laws requires clinics to report the names of abortion patients under 18 to local law enforcement. These clinics must then preserve the fetal tissue and treat it like criminal evidence. The second law forces abortion providers to spend “reasonable time and effort” acquiring a patient’s medical records for her “entire pregnancy history” before performing the abortion. The third law grants equal rights over fetal remains to both partners, with no exception in cases of rape. A patient must notify her partner before the abortion and ask which method of disposal he prefers. If both partners are minors, the patient’s parents get to decide how fetal remains are disposed of. If the patient is a minor but her partner is an adult, then he—not the patient—makes the choice. These rules effectively prohibit medication abortion, which occurs at home, where the provider cannot control the disposal of fetal remains. The fourth and final law bans the safest and most common procedure for second-trimester abortions.

Abortion rights advocates challenged this legislation, arguing that they impose an unconstitutional burden on abortion access. A federal district court agreed in 2017, and blocked the new regulations. In Friday’s decision, three Republican-appointed judges on the 8th Circuit cleared away that injunction. The lower court had analyzed the laws under Whole Woman’s Health v. Hellerstedt, the 2016 Supreme Court decision that required courts to weigh the medical benefits of an abortion restriction against its burdens. But the Supreme Court’s decision last month in June Medical, the 8th Circuit wrote, overturned that standard.

One more story, just for laughs: Jerry Falwell Jr. was forced out of his job as president of Liberty University because of that photo he posted of himself with his pants unzipped and his arm around a woman with her pants also unzipped. Politico: Falwell placed on ‘indefinite leave’ from Liberty University.

Jerry Falwell Jr., one of President Donald Trump’s leading evangelical supporters, has agreed to take “an indefinite leave of absence” from his role as president of Liberty University after the release of a viral photo that showed him vacationing on a yacht with his pants unzipped, holding a drink, and with his arm around a woman.

Lauren Bacall

“The Executive Committee of Liberty University’s Board of Trustees, acting on behalf of the full Board, met today and requested that Jerry Falwell, Jr. take an indefinite leave of absence from his roles as President and Chancellor of Liberty University, to which he has agreed, effective immediately,” the university said in a statement on Friday.

The decision came a day after a top House Republican called on Falwell to resign as president of the large Christian school. Rep. Mark Walker of North Carolina, the vice chair of the House Republican Conference and a former pastor, said that Falwell’s “ongoing behavior is appalling.”

Falwell earlier in the week was widely condemned, including by some conservatives, for posting and then deleting the yacht vacation photo. Liberty University has a strict code of conduct for students that, among other things, prohibits students from having sexual relations outside of a “biblically-ordained” marriage and consuming media with lewd lyrics, sexual content and nudity.

At Slate, Ruth Graham explains Why That Falwell Jr. Yacht Photo Was the Final Straw.

Students on Liberty’s campus are forbidden from drinking alcohol, and are instructed to dress modestly. A poster on Reddit compiled Falwell Jr.’s potential violations in the yacht photograph and an accompanying video, and calculated that a student captured in the same scene could have accrued more than $9,000 in school fines and 900 hours of required service, and possible expulsion.

Faculty and alumni who have been critical of the school’s direction under Falwell Jr. were both shocked and gratified by the news of his leave of absence. “For at least a decade, Liberty’s faculty have labored under Falwell’s increasingly autocratic leadership and been shamed by his public behavior besides,” said Marybeth Davis Baggett, who taught English at Liberty for 17 years and resigned this spring after publishing an op-ed calling for Falwell Jr.’s removal based on his handling of the coronavirus crisis. “One man cannot act this way without many enablers, and any meaningful reform of the school will require a thorough and brutally honest inquiry into the LU culture.”

Jane Fonda, photo by Genevieve Naylor, 1962

Falwell Jr., a businessman with a law degree and no pastoral experience, took over the college when his father died in 2007. He has built the school into a sports powerhouse with a campus filled with luxury amenities, and conservative activists and politicians regularly speak there. The school now boasts more than 15,000 residential students, and more than 100,000 students online.

But Liberty has also been under almost constant national scrutiny since Falwell Jr. endorsed Donald Trump in early 2016, months earlier than other white evangelical leaders embraced the crude casino magnate’s candidacy. Falwell Jr. began 2020 by calling for parts of Virginia to secede from the state and join West Virginia. As the coronavirus crisis encroached, Falwell Jr. initially dismissed it as “hype,” and called a Liberty parent who questioned him on Twitter a “dummy.” He was then criticized for welcoming back any students who wanted to return to campus after spring break. (Fewer than 2,000 of 15,000 residential students ultimately returned, and Liberty has avoided any outbreaks.) In May, Falwell Jr. tweeted a racist image in an attempt to needle Virginia governor Ralph Northam. He eventually deleted the tweet and apologized, but multiple Black employees publicly quit their jobs soon afterward; several high-profile Black athletes also departed. None of these media dust-ups seemed to dent Falwell Jr.’s favorability in the eyes of his hand-picked board of trustees.

There’s much more at the link if you’re interested.

So everything is still FUBAR, but as Dakinikat wrote yesterday, we can still be kind to ourselves and support each other through these terrifying times. As I learned in my recovery from alcoholism, it always helps to live one day at a time. We’re still here, and there’s still a chance we can rid ourselves of Trump and somehow hold onto and rebuild our democracy.


Live Blog: Fourth Democratic Debate

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Tonight’s debate is likely to feature some fireworks and a good exchange of ideas between Hillary Clinton and Bernie Sanders–as long as the moderators can keep Martin O’Malley from constantly breaking in with his patented line “I’ve actually already done that in Maryland.”

Mediaite has the basics on how to watch the debate. It will be available on line at the NBC News website and YouTube. It begins at nine and goes for two hours.

The back and forth between Hillary and Bernie this week has been interesting, to say the least. Hillary seems to have gotten under Bernie’s skin too, because he has now partially flip flopped on his vote to immunize gun dealers from liability, his campaign has promised to release specifics on his health car plan and how he hopes to pay for it “very soon,” and they’ve also said they’ll release a “doctor’s note” on Sanders’ health.

Just a couple of days ago the Sanders campaign announced they wouldn’t release the health care tax figures and they previously pooh poohed the need to release medical records.

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I’ve thought for awhile now that Sanders has begun to believe his own reviews in the media. After reading what he said on Face The Nation this morning, I’m convinced he has allowed the failure of the media to vet him and the adulation of his supporters to go to his head.

Sanders: I have a “good chance” to win 2016 election.

“I think we have a good chance to win both those states,” he said of Iowa and New Hampshire, the first two states to hold nominating contests. “I think we have a good chance to win this election.”

If he does win, Sanders predicted his campaign would come to be known as “one of the great political upsets in modern history.”

He is feeling so good, in fact, that the Vermont senator told “Face the Nation” host John Dickerson that while he was watching President Obama’s final State of the Union address last week, “the thought did cross my mind” that he could be delivering that address in the near future.

Then he caught himself.

“It’s a very humbling feeling,” he said, but added a moment later, “It’s a long way to go before we talk about inaugural speech, before we toss State of the Union speeches in.”

Hmmm…. he doesn’t sound so humble.

Bernie guns

I have a few other good links for you on Bernie.

First a diary from DailyKos (!) on the health care law that Sanders has proposed multiple times in Congress: Sanders’ Health Care Plan. The diarist simply reports the contents of Senate Bill 1782, introduced in December 2013. Please go read it.

The law would end Medicare, Medicaid, SCHIP, the Federal Employees’ Health Benefits Program, and TRICARE. The money that was going into those programs, and use it to fund a “single payer” plan to be run and partially paid for by the states.

We already know that Supreme Court is not going to force states to accept something they don’t want from the Feds. That was their decision on the ACA Medicaid expansion. Even if Sanders could somehow get this through the Republican Congress, it would never get past SCOTUS.

I can’t even imagine what would be involved in implementing this. Right now, Medicare has low overhead costs because it turns over administration of supplemental plans to insurance companies–which would be outlawed in Sanders’ alternative universe.

I’m on Medicare and I get help paying my premiums from the government. Those premiums are more than $100 per month. Basic Medicare only pays for hospital bills, so I also have a government funded supplemental plan with very high co-pays that I get “free.” At least I can go to a doctor if it’s absolutely necessary. What would happen to people like me when all that infrastructure is demolished?

Here’s another must-read that Babama posted in a comment yesterday.

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The People’s View: Chelsea Clinton was Right: Everyone’s Health Care is Threatened under Bernie’s Plan.

Recently, Chelsea Clinton got panned for saying that Bernie Sanders’ health care plan – commonly heralded as ‘Medicare for All’ by the revolution-peddlers – would give Republican governors the opportunity to dismantle publicly funded health insurance for the poor and middle class, that is, Medicaid and the health insurance exchanges. Seems absurd to accuse a self-proclaimed socialist with a proclaimed demand for single-payer universal health insurance of trying to take away health care. Politifact rated Chelsea Clinton’s claims ‘mostly false.’

Politifact got it wrong. Bernie Sanders’ plan does, in fact, allow for states to take away health care from the poor and middle-income, if not most everyone in a state. Although, that shouldn’t be a surprise, given that Sanders’ plan itself targets the economically disadvantaged for punishment. As Politifact notes, Sanders hasn’t proposed a full health care plan for his presidential campaign, instead choosing to use a bill Sanders introduced in the Senate in 2013 without a single cosponsor, titled ‘American Health Security Act of 2013’ as the template.

Poltiifact notes it is in fact true that Sanders’ plan repeals all health insurance funding from Medicare, Medicaid, and the Affordable Care Act Health Insurance exchanges. But he would channel the revenue instead to fund the single-payer system! [….]

The problem is, what Sander’s bill “seeks to” do and what it actually does are quite different. Since Politifact helpfully pointed us to Sanders’ 2013 bill, I decided to read it. In short, it ends all funding to Medicaid, Medicare, SCHIP an the ACA insurance provisions, directs it to this single-payer insurance program, raises additional revenue on the back of those who can least afford it, and charges states with the job of actually running it.

Each state, in theory, would have its own program that follows basic guidelines and the vast majority of the funding (80-90%) is provided by the federal government.  Nonetheless, for states that refuse to run their own program, federal authorities – specifically, a Board – can do so instead. Sanders’ bill would also ban the sale of private health insurance.

Until I read that last night, I really didn’t understand how clueless Sanders really is. Please read the whole thing if you haven’t already, because Robert Reich is running around saying the plan makes sense.

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One more Bernie link from Dean Barker at “Birch Paper.” This one has been getting retweeted a lot today. The piece takes us back to the early days of Sanders’ political career when he ran again and again for office, and always lost. Then he got smart and used guns to get into Congress.

Sanders repeatedly talks about how he lost an election because he supported a ban on assault weapons. What really happened is that Sanders did so well in a third-party run that he got Republican Peter Smith elected. After he got to Washington, Smith’s conscience bothered him and he ended up supporting a bill to ban assault weapons.

In 1990, Sanders ran for the House seat again, and defeated Smith with the help and monetary support of the NRA. So when Bernie went to Washington, he voted against the Brady bill–repeatedly.

You have to read that article! There are tons of good links in there too.

Hillary was on the morning shows today too, and she learned from George Stephanopoulos that Karl Rove’s super pac is running an ad in Iowa that supports Sanders attacks on her.

Former Secretary of State Hillary Clinton laughed off a new attack ad from a Republican super PAC run by Karl Rove during an interview Sunday on “This Week” with George Stephanopoulos.

The web spot, titled “Hillary’s Bull Market,” was launched by American Crossroads, which is run by the Republican strategist and former President George W. Bush adviser. After watching the ad for the first time during her interview on “This Week,” Clinton just smiled.

“I think it shows how desperate the Republicans are to prevent me from becoming the nominee,” Clinton said about the ad, which goes after her ties to Wall Street. “I find that, in a perverse way, an incredibly flattering comment on their anxiety, because they know that not only will I stand up for what the country needs, I will take it to the Republicans.”

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CNN’s report on the morning shows: Hillary Clinton zeroes in on Bernie Sanders.

Hillary Clinton on Sunday sharpened her attacks on Bernie Sanders over the Vermont senator’s record on gun control, just hours ahead of their fourth debate as both vie for the Democratic presidential nomination.

“I am very pleased that he flip-flopped on the immunity legislation,” Clinton told CNN’s Jake Tapper on “State of the Union,” a day after Sanders, who had been hammered by her campaign for his past position, announced he would change course and back legislation to reverse a 2005 law granting firearm manufacturers legal immunity.

She then called on her rival to do the same with the so-called “Charleston loophole,” which allows licensed dealers, once they have initiated a federal background check, to complete the gun sale in question if they haven’t hears back from authorities after three days.

Good news for Hillary:

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Time: Poll: Hillary Clinton Leads Bernie Sanders Nationally By 25 Points.

Hillary Clinton is leading Bernie Sanders in a new national poll ahead of Sunday’s final Democratic debate before the Iowa caucuses.

The former Secretary of State is beating Sanders by 25 points nationally, according to according to the latest NBC News/Wall Street Journal poll of likely Democratic primary voters. Clinton is the top pick among 59% of Democratic primary voters, while Sanders has the support of 34%, the survey shows. Third-place candidate Martin O’Malley got the support of just 2% of likely voters.

Read the rest at CNN.

And From US News: Yes, Hillary’s Still the Inevitable Democratic Nominee She can recover even if she loses the first two nominating states to Bernie Sanders. Here’s why. Read about it at the link. It’s not easy find a brief excerpt to summarize the findings.

I’m putting this up a little early so we’ll have time to discuss these articles–or anything else you want to talk about–before the debate begins at 9PM. I look forward to reading your reactions to what happens tonight. This is the most important debate yet!


Friday Nite Lite: Mini

Good Friday Evening!

Just a few for you tonight, I am still overwhelmed by things out of my control. Maybe I will just have a bowl of Frosted Flakes and chill out a while.

Clay Bennett: Medicaid – Clay Bennett – Truthdig

3/17 Luckovich cartoon: His Holiness | Mike Luckovich

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102368 600 Judging By Our Priorities, Weapons Are More Important Than Schools cartoons

102368 600 Judging By Our Priorities, Weapons Are More Important Than Schools cartoons

Obama and Republicans Have Dinner – Truthdig

 

This is an open thread…


Delusional Paul Ryan Bases New Budget on Repealing Obamacare

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Oh man, this is too much!

Paul Ryan appeared on Fox News Sunday with Chris Wallace today and admitted to that the new “Ryan Plan” budget is based on the assumption that the Affordable Care Act will be repealed along with the planned Medicaid expansion.

Here’s the transcript of the interview.

Ryan explains that he plans to turn Medicare into a voucher program and Medicaid, food stamps, and “49 different job training programs spread across nine different government agencies” into block grants and let the states decide what to do with the money. Wallace had some questions.

Let me ask you about a couple of the specific cuts that you made last year, and tell me if they’re not in the new budget — I assume that they are. You cut Medicaid by $770 billion, over the next 10 years. You cut $134 billion from food stamps. You cut $166 billion from education, training and social services.

….

WALLACE: Can you honestly say by turning Medicaid into a block grant and giving it to the states that you can cut $770 billion —

RYAN: Yes.

WALLACE: — out of that program, over the next 10 years, and that’s going to have no impact on legitimate recipients?

RYAN: These are increases that have not come yet. So, by repealing Obamacare, and the Medicaid expansions which haven’t occurred yet, we are basically preventing an explosion of a program that is already failing.

So, we’re saying don’t grow this program through Obamacare because it doesn’t work. Prevent that growth from going because it’s not going to work, it’s going to hurt people who are trying to help, it’s going to hurt hospitals and states and, give the states the tools that they are asking for.

I’m kind of surprised Wallace didn’t do a Ricky Ricardo-type double take after that.

WALLACE: I’m going to pick up on this because I must say I didn’t understand it. Are you saying that as part of your budget, you would repeal, you assume the repeal of Obamacare?

RYAN: Yes.

WALLACE: Well, that’s not going to happen.

RYAN: Well, we believe it should. That’s the point. That’s what’s — but this is what budgeting is all about, Chris. It’s about making tough choices to fix our country’s problems.

And here’s the really crazy part. Wallace points out that, you know, Obama won the election and Medicare was a huge issue during the campaign and the voters rejected the Romney/Ryan plan.

Ryan doesn’t buy it:

I would argue against your premise that we lost this issue in the campaign. We won the senior vote. I did dozens of Medicare town hall meetings in states like Florida, explaining how these are the best reforms to save the shrinking Medicare program and we are confidently this is the way to go. It has bipartisan support. It’s an idea that came from Democrats in the first place.

Wha– ?! Has this guy gone around the bend or what? Haven’t the House Republicans already tried to repeal Obamacare more than 30 times?

Here’s the video from Think Progress:

 

This is a completely wacko, insane, what-is-he-smoking open thread!


Jay Carney: “Technical” Social Security Cuts Still On The Table

Obama social security cuts

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.
Answer: None.

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.

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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.

BUT…

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.

Digby has an update on possible “changes” to Medicare.

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.