some sanity
Snip:
Left claims GOP is trying to destroy Social Security on day one of new congress
posted at 6:41 pm on January 7, 2015 by Jazz Shaw
Some new media critics really need to make up their minds.
It’s either a Do Nothing Congress or a Do Something Awful Congress.
If you ask the folks at Talking Points Memo, we’ll be leaning toward the latter because the House was getting busy taking care of business before half of the new members had located the bathrooms.
A minor rules change was put in place which modifies the way tax revenues are occasionally shuffled between the Social Security trust fund and the Social Security disability program.
There’s a reason for this, as we’ll get to below, but to hear some of the folks on the Left describe it, Paul Ryan had
finally succeeded in pushing granny’s wheelchair off that cliff.
With a little-noticed proposal, Republicans took aim at Social Security on the very first day of the 114th Congress.
The incoming GOP majority approved late Tuesday a new rule that experts say could provoke an unprecedented crisis that conservatives could use as leverage in upcoming debates over entitlement reform…
House Democrats are sounding the alarm. In a memo circulated to their allies Tuesday, Democratic staffers said that that would mean “either new revenues or benefit cuts for current or future beneficiaries.” New revenues are highly unlikely to be approved by the deeply tax-averse Republican-led Congress, leaving benefit cuts as the obvious alternative.
All that’s missing is a catchy graphic of a skeletal figure riding a pale horse with the letters GOP printed on his robes.
So, all anti-conservative hysteria aside, what’s really going on here? The rules change will still allow for a transfer of funds from the retirement fund to the disability program if required (which it will be by 2016 under current conditions) but only if it
improves the overall financial health of the combined Social Security Trust Funds.
all of it here:
Left claims GOP is trying to destroy Social Security on day one of new congress Hot Air