Conservative and Liberal Expert On Social Security: Not part of the budget

Fact-checkers Sputter And Flop Attempting To Explain How Social Security Works, Affects Deficit

Jason Linkins,Ryan Grim

12-12-12

“Instead of confusing itself and its readers, the AP and the rest could simply have referred to a 2011 Senate hearing, chaired by Max Baucus (D-Mont.), during which two of the foremost Social Security experts — one liberal, one conservative — answered the question.

Nancy Altman, head of Social Security Works, which opposes cuts to the program, read the law to the lawmakers. “The law is unambiguous. So let me read it: Social Security ‘shall not be counted for purposes of the congressional budget,'” she read.

“Social Security is not part of the budget. So that $14.3 trillion debt that we are at, the limit that you are going to have to raise — or at least have to vote on whether to raise in a few months — if you cut Social Security, that $14.3 trillion does not change. It does not put any room into the debt limit.”

Baucus turned to Charles Blahous, a Social Security trustee who is also with the conservative Hoover Institution. “Do you agree with that, Dr. Blahous?”

“I do agree with that,” he said.”

More:

http://www.huffingtonpost.com/2012/12/12/social-security-fact-checkers-fiscal-cliff_n_2286462.html

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Divided Under God

Strengthening the wall of separation between church & state

Art & Life Notes

Zooming in on the the big picture

Global Watchdog

Media Accountability Coalition

The Blue Route

Careening Towards a More Progressive Future

TFN Insider

The Official Blog of TFN and the TFN Education Fund

76 CRIMES

The struggle to repeal 76 countries’ anti-gay laws and release gay prisoners there

Kansas Exposed

Challenging the official story...

The Progressive Cynic

Modern American politics is filled with partisanship, legalized corruption and extremism. On this site you will find articles on a variety of subjects and points of view that are not normally portrayed in the corporate media--don’t expect any sugar-coating, pandering or interest money propaganda here.

Tiny House Design

Design a More Self-Reliant & Resilient Life

Modern Atheist .org

Replacing belief with wonder - and understanding.

D.A.W.N. Democracy Against War Now

|| Do unto others as you would like to be done onto || Give as you would like to receive || Love thy neighbour as thyself ||

Redress Information & Analysis

Exposing injustice, disinformation and bigotry

Walkatjurra Walkabout

Walking for Country

Amanda's Official Blog

Just more random truth from Maine to fill your head

THE OBSERVATION

journalism with a vision

Socialist Rose

Read banned books!

turkischland

Just another WordPress.com site

Follow

Get every new post delivered to your Inbox.

Join 61 other followers

%d bloggers like this: