Skip to main content

View Diary: The "Fiscal Cliff" and the Coming Retirement Crisis of the Middle Class (90 comments)

Comment Preferences

  •  No chance of Obama making this proposal... (4+ / 0-)
    Recommended by:
    Sunspots, Alumbrados, Joe Bob, Mr Robert

    ...I just can't see him making such an unexpected move and going against the Beltway conventional wisdom.

    Aside from that, where would the money come from to pay for such a change?  Simply eliminating the cap on the payroll tax would keep the Social Security at the current benefits level solvent, but wouldn't pay for such an expansion of benefits.

    A more useful alternative would be to drop the eligibility age for Medicare to 55.  Unfortunately, money issues again come up, and I can't see the president going against the Beltway CW on this anymore than on your idea.

    Political Compass: -6.75, -3.08

    by TexasTom on Thu Jan 03, 2013 at 07:08:03 PM PST

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site