Not Out Of The Woods
From Scott Hochberg writing in Huffington Post:
For Social Security’s advocates, this past year has been all about defense. Fortunately, the defense outplayed the offense. Those of us playing defense were backed by the overwhelming majority of the American people who across both party line and virtually every demographic are clear that they do not want to see Social Security benefits weakened by benefit cuts. ...
The journey has not been easy thus far, and the path ahead will be just as formidable. Despite the successes all year in preventing cuts to Social Security, as long as there are many in Congress intent on cutting the program, it will not be out of the woods.
2012 will be a crucial year for Social Security.The extension of the two percentage point cut in employee payroll tax contributions, is moving the program’s financing into unchartered waters.
The GOP presidential candidates are even more radical than Congress has been, with all the major candidates supporting partially privatizing Social Security and at least four calling for the retirement age to be raised (Bachmann, Perry, Romney, Santorum). Remarkably, four are also on record for calling Social Security a “fraud” or “Ponzi scheme” (Bachmann, Gingrich, Perry, Romney).Hochberg did not write about the attacks on Social Security disability benefits. Social Security's enemies realize that they are a long way from serious reductions in retirement benefits but believe that they can use the upcoming temporary disability trust fund problem as a pretext for gutting disability benefits. That is the biggest immediate threat to Social Security.
Labels: Disability Policy