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No Revenue Means Steep Social Security Cuts Under Romney

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Raymond

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May 27, 2012, 12:26:53 AM5/27/12
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No Revenue Means Steep Social Security Cuts Under Romney

First stated by Henry IV of France as, "I want there to be no peasant
in my realm so poor that he will not have a chicken in his pot every
Sunday,"

During the presidential campaign of 1928, a circular published by the
Republican Party claimed that if Herbert Hoover won there would be "a
chicken in every pot." and we got a depression......No chicken in
every pot with Romney either
.
The basic contours of Mitt Romney's approach to Social Security reform
are coming into focus, and the results aren't pretty

No Revenue Means Steep Social Security Cuts Under Romney ... Nov 4,
2011 ... Mitt Romney today unveiled his plan to lower the federal debt
by transforming Medicare and Social Security.

Feb 15, 2012 ... Mitt Romney, tribune of the people, still doesn't
seem to get a simple concept: Social Security is popular. With
everybody.

http://www.huffingtonpost.com/cliff-schecter/mitt-romneys-antisocial-s_b_1279181.html

Because Romney insists that any change include no additional revenue,
his strategy is forced to rely on excessive benefit cuts that would
undermine financial security for future retirees. A much better
approach would mix benefit reductions and revenue increases, as we
have proposed in the past, and as polls show the public prefers.

http://www.bloomberg.com/news/2012-03-27/no-revenue-means-steep-social-security-cuts-under-romney.html
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