Theodore's World: Axelrod: No, Obama Doesn’t Have A Plan To Keep Social Security From Going Bankrupt

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September 25, 2012

Axelrod: No, Obama Doesn’t Have A Plan To Keep Social Security From Going Bankrupt







HALERPIN: Social Security came up last night on “60 Minutes.” Let me ask you: in a second term, what is the president proposing to do to reform Social Security, save it for future generations, and will it involve lower benefits for anyone or higher taxes for anyone?


AXELROD: Well there, too, Mark, the approach has to be a balanced one. We’ve had discussions in the past. The question is, can you raise the cap some? Right now Social Security cuts off at a lower point. Can you raise the cap so the upper income is paying a little more into the program? Do you adjust the growth of the program? That’s a discussion work having. But again, we have to approach it in a balanced way. We’re not going to cut our way to prosperity. We’re not going to cut our way to more secure entitlement programs. We have to have a balance.


HALERPIN: So what is his proposal?


AXELROD: Mark, i’ll tell you what, when you get elected to the United States Senate and sit at the table we’ll have – this is not the time. We’re not going to have the discussion right now unless the Congress wants to sit at the table and say we’re ready to move on a balanced approach.




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Wild Thing's comment..........

No plans, and no surprise. I guess Obama has not received his orders from Soros yet about this.



Posted by Wild Thing at September 25, 2012 02:50 AM


Comments

Like everything else, Obama and his minions don't have a clue.

Posted by: BobF at September 25, 2012 07:37 AM