Well fuck me to tears--the Obama administration announced today that in the President's upcoming budget the cuts to Social Security (also known as the "Feeding Grandma Catfood Cuts") known as Chained CPI will not appear (but are still on the table?).
The cuts, which would have cost the average senior citizen $28,000 by the age of 95 (no problem--they could always mop the floors of the senior home for the much needed extra cash), have been proferred by the President to show his seriousness for cutting the budget, regardless of the fact that Social Security does not increase the deficit in any way.
A bone to the base in an election year? It's a start, but you're going to have to do much better than that Mr. President--especially after signing that abominable farm bill.
Peace,
emaycee
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