Obama May Address Social Security
Many are wondering whether President Obama will address Social Security in his State of the Union address. People are expecting that the president will call for a fiscally moderate path forward.
With many expecting President Obama to endorse a fiscally moderate path forward in his State of the Union address next week – and perhaps call for changes to Social Security in the process — progressives are urging the president to protect entitlement programs.
The cause of liberal concern is clear: Since Republicans won back the House of Representatives in the 2010 elections, Mr. Obama has signaled he will embrace more moderate-to-conservative ideas in his next two years in office. Recent polls suggest voters may be responding positively to that message. And as the White House well knows, Mr. Obama could help undermine any potential 2012 competitors by embracing more conservative fiscal policies.
Along those lines, the president could endorse modifications to the Social Security program in his State of the Union address, particularly given that his bipartisan deficit commission endorsed the idea in its… continue reading
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Americans Want Rich to Pay to Fix Deficit
Many Americans are upset over the deficit, and feel that the rich should pay to fix the deficit. Meanwhile, people want Congress to keep its hands off of Social Security benefits and Medicare.
According to the Dec. 4-7 poll, taken days after Obama’s commission sounded an alarm over the nation’s “unsustainable fiscal path,” the public still believes it’s more important to “minimize sacrifice” than to take “bold and fast” action to pare the $13.7 trillion national debt.
“The reality is deficit-cutting hurts, and the American public is in no mood for further hurt than the slow economy and high unemployment is delivering,” said J. Ann Selzer, president of Selzer & Co., a Des Moines, Iowa firm that conducted the nationwide survey.
The one place Americans are willing to see sacrifice is in the wallets of the wealthy.
While they say they strongly support balancing the budget over the next 20 years, when offered a list of more than a dozen possible spending cuts or tax increases, majorities opposed all of them except… continue reading
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