The fears of liberals appear to be well-founded, since the president reportedly floated using chained Consumer Price Index (CPI) to calculate Social Security payments and raising the Medicare eligibility age during talks last year with House Speaker John Boehner (R-Ohio).
“The president of the United States is out there campaigning every day. Have you heard him say very clearly to the American people that Social Security has not caused one penny of deficit, that Social Security has a $2.7 trillion surplus, that Social Security could pay out benefits for the next 22 years and I, Barack Obama, am going to do everything I can to make sure that we do not cut Social Security, but we figure out a way to extend it for 75 years?
“Have you heard him? I haven’t heard him,” said Sen. Bernie Sanders (Vt.), an Independent who caucuses with Democrats. “It causes me concern, and I’m chairman of the caucus to defend Social Security.”
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