Rep. Marcia Fudge (D-OH) is no fan of Obama’s proposal to cut Social Security and veterans benefits with a “chained CPI.” Here’s what she said on FacebookA�late yesterday:
Leta��s call it for what it is; the chained CPI index is a reduction in Social Security benefits over time, a benefit older Americans earned through a lifetime of hard work. The notion that seniors need less of an increase because they can reduce their living expenses is out of touch with reality. Health care costs consume a disproportionate share of their meager income and those costs continue to rise faster than inflation. A�Moreover, since Social Security benefits do not contribute one dime to the national debt, they have no place in deficit reduction negotiations. I will not throw Americaa��s seniors over the cliff to avoid the fiscal cliff.
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