Tuesday, March 10, 2015

Threat to Social Security & Medicare Grows

According the The Hill newspaper, Senate Republicans and moderate conservative Democrats are looking at crafting a renewed attack on middle-class Social Security and Medicare earned benefits under the so-called “Grand Bargain” banner.

With Republicans now in control of the US Senate, "Wall Street Senators" of both parties are again attempting to revive misguided actions promoted in the flawed Bowles-Simpson deficit commission report of December 2010. Senators Erskin Bowles and Alan Simpson, were forced to issue their own report after they couldn’t get enough support from Senators of either party serving on the commission they chaired.