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In reply to the discussion: Then there is this... [View all]

Cha

(314,890 posts)
20. And, that "following" is..
Fri Apr 5, 2013, 09:20 PM
Apr 2013
Besides the tax increases that most Republicans continue to oppose, Mr. Obama’s budget will propose a new inflation formula that would have the effect of reducing cost-of-living payments for Social Security benefits, though with financial protections for low-income and very old beneficiaries, administration officials said.


It doesn't really seem to matter though.. the Cons will never go for it. But, it might make a difference in the Election of 2014. In spite of those who are saying they're going to be sitting it out again.

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