Mar 15, 2011

Obama's Advisers Split On Social Security

From The Hill:
Social Security reform is splitting President Obama’s economic and political advisers. ...

Treasury Secretary Timothy Geithner, National Economic Council Director Gene Sperling and Sperling’s deputy, Jason Furman — leading figures in the president’s economic team — are pressing Obama to cut Social Security benefits if necessary, say sources familiar with their positions.

But Obama’s political team, led by David Axelrod, David Plouffe and Jim Messina, are urging the president to understand that backing benefit cuts could prove disastrous to his 2012 reelection hopes, sources say. ...

White House spokeswoman Amy Brundage said, "The notion that the president’s team is divided on our approach to this issue is flatly untrue. ..."

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