From: Cliff on 9 Aug 2010 04:11 [ You can't make this stuff up. The economy is in shambles, unemployment is at record levels and home foreclosures are soaring. Congress can't get it together to act on these issues. But there's growing momentum in Washington to�wait for it�slash Social Security? Believe it. Republicans are campaigning on benefit cuts. Conservative Democrats like Steny Hoyer are echoing their talking points.1 ..... Fear-mongering over Social Security is led by Pete Peterson, a hedge fund manager spending $1 billion of his own money in a campaign to slash benefits.6 Conservatives in congress have been too happy to join him�Minority Leader John Boehner said he would cut benefits to pay for two unfunded wars,7 and the GOP's long term budget plan would fully privatize the program.8 ..... ] 1. "John Boehner: Raise Social Security Retirement Age to 70," CBS News, June 29, 2010 http://www.cbsnews.com/8301-503544_162-20009192-503544.html 6. "Spending Big to Stop Spending," BusinessWeek, July 1, 2010 http://www.moveon.org/r?r=89837&id=22411-5850877-XyBRg9x&t=8 7. "GOP shrugs over Boehner comment," Politico, June 29, 2010 http://www.politico.com/news/stories/0610/39185.html 8. "The Ryan Budget's Radical Priorities," Center for Budget and Policy Priorities, July 7, 2010 http://www.cbpp.org/cms/index.cfm?fa=view&id=3114
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