Where Obama Stands on a COLA Change for Social Security

Wondering about President Obama’s position on slowing growth in Social Security benefits? It was made very clear during today’s White House press briefing. Asked whether the president is open to raising the eligibility age for Medicare as part of a budget deal, Press Secretary Jay Carney said absolutely not. Then the subject changed to the so-called chained CPI. The proposed change for calculating cost-of-living adjustments for Social Security and veterans benefits faces strong opposition from AARP and veterans groups. Here’s …