Don’t Be Fooled: Social Security Not to Blame for Budget Woes
Posted on 01/3/2013 by Jonathan Peterson | Social Security | Comments
Money & Savings | PoliticsThe immediate frenzy over the fiscal cliff may have subsided, but the drama is far from over: Next on the agenda is a debate over spending cuts — a debate that promises to be as rancorous as the one we’ve just seen. Already, budget-cutters are taking aim at Social Security. Yes, the way to calculate cost-of-living adjustments — the chained CPI, unfriendly in name and in its impact on retirees — is already back in the picture (see related video). But …
