This really should have been a given, not a cliff hanger. At a time when people are hurting economically, when food prices are rising, housing prices continue to tank and gas prices going through the roof, lowering social security benefits shouldn’t be an option. It really shouldn’t EVER be an option. The government needs to take its greedy paws out of the social security piggy bank and make sure it’s solvent.
President Obama has decided not to endorse his deficit commission’s recommendation to raise the retirement age, and otherwise reduce Social Security benefits, in Tuesday’s State of the Union address, cheering liberals and drawing a stark line between the White House and key Republicans in Congress.
Over the weekend, the White House informed Democratic lawmakers and advocates for seniors that Obama will emphasize the need to reduce record deficits in the speech, but that he will not call for reducing spending on Social Security – the single largest federal program – as part of that effort.
Liberals, who have been alarmed by Obama’s recent to shift to the center and his effort to court the nation’s business community, applauded the decision, arguing that Social Security cuts are neither necessary to reduce current deficits nor a wise move politically. Polls show that large majorities of Americans in both parties – even in households that identify themselves as part of the tea party movement – oppose cuts to Social Security.