Chambliss takes a leadership risk

By endorsing a $3.7 trillion deficit-reduction deal in Washington, U.S. Sen. Saxby Chambliss has risked making himself a target of an angry Republican base here in Georgia, regardless of how the crisis is finally resolved.

The proposal embraced by Chambliss and other members of the bipartisan Gang of Six calls for major cuts in Social Security, Medicare and other programs,, which conservatives support. However, it also proposes collecting an additional $1 trillion in revenue over the next 10 years, and conservative orthodoxy insists that any plan that produces additional government revenue is betrayal.

Under the circumstances, the last thing Chambliss needs is some liberal columnist praising his willingness to lead on a tough issue of great national importance. And it would hurt the senator even more to contrast his leadership with the absence of leadership among his fellow Republicans in Georgia’s House delegation, most of whom have taken a deeply irresponsible approach to the nation’s fiscal crisis.

So I’ll make sure not to say those things.

Instead, maybe it would be better to condemn Chambliss for backing a plan that would cut future Social Security benefits by hundreds of billions of dollars. Yeah, that’s the ticket! Accuse him of being mean to old people!

Except that he’s not. The Gang of Six does propose to reduce future benefits by changing the way that Social Security benefits are adjusted for inflation. But that’s just common sense. Most experts agree that the current inflation-adjusting mechanism is set too high, and over time would boost benefits significantly higher than inflation would require. The new approach — borrowed from recommendations released late last year by a presidential commission — would be more accurate, and thus more fair.

And as Chambliss takes pains to point out, all savings generated by changes in Social Security would be used to make Social Security financially sound. It’s an important point: No revenue generated by the self-insurance program is being spent elsewhere.

In fact, any liberal groups or politicians who attack the Gang of Six proposals regarding Social Security are probably playing politics. The changes sought by Chambliss and his colleagues are reasonable and would be necessary regardless of the nation’s larger fiscal challenges.

Still, that doesn’t exactly improve Chambliss’ standing with his base.

How about ObamaCare? While the Gang of Six doesn’t propose to repeal the entire health-care reform package so hated by conservatives, it does call for abandoning one of its major new programs. The Community Living Assistance Services and Supports program, also known as the CLASS Act, was created to be a voluntary self-insurance plan in which citizens paid monthly premiums in return for long-term nursing-home care should they need it.

The Gang of Six plan calls for outright repeal of CLASS, noting that recent analysis has cast doubt on the program’s ability to be self-sustaining, as required by law.

“Simply put, it could be difficult, if not impossible, to balance money coming into the program with the money that could ultimately flow out, and thus to create a program that would be solvent and sustainable,” as the Robert Woods Johnson Foundation reports.

So hey, killing part of ObamaCare ought to buy Chambliss at least some protection on his right flank, correct?

Still, there’s that little matter of $1 trillion in revenue increases. Poll after poll demonstrates that most Americans support attacking the debt problem through both spending cuts and tax increases. Politically, it’s the only way to cut a deal. And mathematically, it’s impossible to address the debt through spending cuts alone. The numbers just do not work.

As Chambliss noted in a discussion at the AJC back in April, non-defense, non-entitlement spending accounts for just 12 percent of the budget.

“Now you could cut out that whole 12 percent and you wouldn’t solve this problem of $14 trillion in debt,” he said. “You got to have enough money to run the government and you got to have excess money to start paying down on that debt.”

Yes, you do. Unfortunately, many of his fellow Republicans just can’t bring themselves to believe it.

– Jay Bookman

484 comments Add your comment

Jm

July 22nd, 2011
6:57 am

Where’s that headline about liberal democrats killing the debt deal and putting a gun to the head of the US economy. Good thing I’m not holding my breath.

Fair praise for gang of 6 and chambliss in this column, Jay. Even if it is the kiss of death.

Jm

July 22nd, 2011
7:01 am

Don’t look people. While you have a coronary over tour socialist benefits, your taxpayer dollars are busily being used to bail out Greece. Nothing more fun than deadbeats bailing out deadbeats.

TaxPayer

July 22nd, 2011
7:08 am

Enjoy your vacation, Jay. And it’s a good thing you’re leaving the phones behind because I’m sure Saxby will be trying to track you down and force a retraction from you. As for your confession in print to being a liberal, why didn’t you simply proclaim yourself to be an Independent like the cons here do so you can all just get along. :lol: Finally, it’s good to see Saxby at least trying to do something to offset his lapdog stunt back during the Imperial Sugar plant investigation. Also, I take his actions as a sign that he might not be interested in continuing in politics after this cycle. Anyway, that is when many a politician seems to have a change of heart and decides to do something that more closely resembles work for we the people. Good for him.

USinUK

July 22nd, 2011
7:11 am

“your taxpayer dollars are busily being used to bail out Greece”

the US is a member of the EU?? and the EFSF?

wow. I leave for a couple of years and we’ve annexed Luxembourg.

Joel Edge

July 22nd, 2011
7:11 am

Here’s my problem with this. Politicians being what they are, they work to their own benefit and not ours, Jay. In all this drama, no has mentioned baseline budgeting or multiple agencies basically doing the same jobs. The problem with CLASS is that is another “voluntary” plan that eventually be supported by taxes and become mandatory. Another layer of government to provide jobs to bureaucrats. Up to some point the whole scheme will collapse. Like I’ve said, self correcting.

Gordon

July 22nd, 2011
7:12 am

From what I understand about it, the problem with this deal is that the cuts are not specific enough, and they don’t restructure entitlements which is what must be done. And even if they were, we are talking about 370 billion a year from a deficit of over 1 trillion. The cuts will bring pain, pain will bring emotion, emotion will take the place of the logic of realizing the cuts must be made, and in a world where the debt limit is not right on the doorstep the cuts will never fully materialize. CLANK, CLANK, CLANK goes the can down the road.

Larry

July 22nd, 2011
7:15 am

The problem with most of the “3 Trillion” in cuts are they are too general. I’m all for specifics. Aside from the CLASS reduction, what other specifics are in the program. If they are not delineated than yes I’m opposed as it will just be more mumbo jumbo politispeak and the “cuts” in spending will be all future based and assumes the Democratic contrlled committees will honor them while the revenue increases will be now. I am in favor of eliminating ALL of the Bush tax cuts because the part the politicians don’t want to include, those under 250,000 is where the bulk of the “lost” revenue exists. We need real cuts now.

Jm

July 22nd, 2011
7:22 am

Usinuk has obviously never heard that the US is an investor in the IMF. So sad.

USinUK

July 22nd, 2011
7:24 am

and JM hasn’t heard that the EFSF is the one providing the cash and guaranteeing hte bailout

http://www.businessinsider.com/greece-will-go-into-selective-default-in-new-bailout-package-2011-7

details schmetails

Jm

July 22nd, 2011
7:25 am

By the way, this all useless praise and discussion. THERE IS NO DEAL. The deal, such as it existed, got derailed by liberal Dems.

Donovan

July 22nd, 2011
7:26 am

Who are you trying to convince? Us? Hardly! You only support a Republican when it benefits your liberal ideology. Chambliss misses the whole point of the debt argument. UNLESS YOU SHRINK GOVERNMENT THE DEBT PROBLEM REMAINS. Stop the damn spending, cap the debt, and balance the budget. What don’t you liberals understand about it? Tax and spend is your downfall. You are killing this country.

Granny Godzilla

July 22nd, 2011
7:27 am

USinUK

You are marvelous!

Jm

July 22nd, 2011
7:27 am

Usinuk could do some reading on bloomberg. Oops, she’s wrong. Big ImF component. I won’t be linking from my iPhone, but you can do your own reading on it at any major financial news website.

stands for decibels

July 22nd, 2011
7:28 am

Jm

July 22nd, 2011
7:31 am

Granny and usinuk dumb. From bloomberg:

The Greek financing package will consist of 109 billion euros from the euro region and the IMF. Financial institutions will contribute 50 billion euros after agreeing to a series of bond exchanges and buybacks that will also cut Greece’s debt load, the leaders’ communiqué said.

USinUK

July 22nd, 2011
7:35 am

Jm – 7:31 – considering the 2010 deal was 80% EU / 20% IMF, you shouldn’t worry your pretty little head that it will hit your wallet too hard. The Europeans you so despise are paying hte lion’s share (as well they should)

http://www.france24.com/en/20110721-germany-france-agree-deal-euro-summit-looms

and, in fact, Reuters is already saying “The EFSF is expected to contribute two-thirds and the IMF one-third.”

Toby

July 22nd, 2011
7:37 am

Why doe’s everyone ignore the vast sums we spend on defense? Most of it to protect one of our friends from someone who’s not a friend at the moment?

USinUK

July 22nd, 2011
7:40 am

Left wing management

July 22nd, 2011
7:40 am

Under the circumstances, the last thing Chambliss needs is some liberal columnist praising his willingness to lead on a tough issue of great national importance.

Ooops, Jay, you forgot to put liberal in quotes. :)

Jm

July 22nd, 2011
7:43 am

Usinuk. Point is our seniors and taxpayers are still paying 15 or 20 billion while taking it on the chin. That may be life, but people houldnt be ignorant of the fact.

Toby, the military is getting very large expenditure cuts. Actually the only place in tue budget where expenditure will actually DECLINE.

Thomas

July 22nd, 2011
7:44 am

Today’s motto- “When wrong- deflect”

Good update on the gang of 6 (gotta love the nomenclature)

Have a good trip.

USinUK

July 22nd, 2011
7:46 am

LWM – I think he, like I, prefers “commie pinko muslim socialist-symp” … or something.

Jm

July 22nd, 2011
7:46 am

Usinuk. Care to actually fessing up go being wrong, or you just prefer saying 20 billion is no big deal? Another liberal dodge-weave-flip flop, illustrated on page 1 already. Sheesh.

richard straus

July 22nd, 2011
7:49 am

stands @ 0728 – good one re: Boehner

carlosgvv

July 22nd, 2011
7:49 am

It is no accident that Chambliss has been elected and re-elected by Georgia voters. While Tea Party politicians are following blind ideology, Saxby has been listening to his corporate sponsors, who have decided a default is not in their best financial interests. So, to keep the campaign cash flowing, he is doing as he is told. If this were not such a serious situation, it would be funny to see the look on the faces of Big Business when Tea Party politicians thumb their noses at them and stick to their insane dogma. In the end, money will talk and BS will walk, as it always does.

USinUK

July 22nd, 2011
7:49 am

Jm – “Point is our seniors and taxpayers are still paying 15 or 20 billion while taking it on the chin”

the point is that, even at 33% being funded by the IMF, that’s not coming entirely from the US as the IMF is comprised of more than 200 countries (yes, the US is the biggest, but it is by no means the only one funding the organization)

USinUK

July 22nd, 2011
7:50 am

was I wrong about the IMF funding? yes.

were you wrong about the impact on senior’s wallets? definitely.

Jm

July 22nd, 2011
7:52 am

Buddy Roemer is running for potus? I got no clue who this guy is other than former gov of LA. This should be innerestin.

Bud Wiser

July 22nd, 2011
7:54 am

‘Chambliss’ and ‘leadership’ should never be in the same sentence, Bookman.

Could it be that this perennial Republican lap dog is barking the same cadence as you left wing sycophants and media stooges?

The only way you could ever say anything about Sad Sack Chambliss that is not disparaging is that he has aligned himself, however narrowly, with a democrat position, or has caved to Obama yet again.

I suspect both are at work here.

Left wing management

July 22nd, 2011
7:55 am

Jay: In fact, any liberal groups or politicians who attack the Gang of Six proposals regarding Social Security are probably playing politics.

Nonsense.

The liberal groups are not attacking the Go6 proposals simply because they propose cuts to the big three, and I’m surprised that you’d fall for such a lazy oversimplification.

The liberal groups are attacking the very suggestion that with wealth concentrated at unprecedented levels in this society — as you well understand — with zero members of the high earning class having faced prosecution for the financial crash they caused 3 years ago, with one of the country’s two parties — and a good part of the second one — dedicated to protecting this class from any additional responsibility in maintaining the nation’s safety net and its core public institutions, it would be the middle and lower classes who bear the ENTIRE burden of balancing the budget, and this under spurious circumstance with a fake, phony, trumped up crisis that was staged simply for the purpose of EXTORTING such a grab.

THAT’s what we are enraged about. Not “politics”, as you say.

By the way, when people throw around this word “politics” as though there’s some realm where everyone should finally put aside their passions and convictions and just do what they’re supposed to do. I don’t buy it.

Jm

July 22nd, 2011
7:55 am

Usinuk 7:49. Thanks. I was already aware of that.

But not everyone here necessarily was. But yes the US is far and away the largest contributor to the IMF.

USinUK

July 22nd, 2011
7:58 am

Jm – Roemer?

criminey. there’s a blast from the past.

Jm

July 22nd, 2011
7:59 am

Good thing the EU got their pal Lagarde in the IMF catbird seat…..

That old saying, lost in modern generations needs to be relearned: debt is bad. (and a 4 letter word)

Mick

July 22nd, 2011
8:02 am

jm

The sky is falling, the sky is falling – snap. It’s another beautiful day in paradise, enjoy it…

USinUK

July 22nd, 2011
8:02 am

Jm – 7:59 – better Lagarde than DSK

Thomas

July 22nd, 2011
8:03 am

was I wrong about the IMF funding? yes.

were you wrong about the impact on senior’s wallets? definitely

The above could change this from a quasi beatch/blog/facebook page to something meaningful. Not trying to be Rodney King, but we blog about the incompetencies of DC and their unwillingness to compromise while “we” can’t agree on the color of the sky on a given day and if we do, which party is responsible for said color.

anyway

Whahema

July 22nd, 2011
8:06 am

Saxby is showing a lot more courage and flexibility than say… Harry Reid who is demanding his way or the highway.

Peadawg

July 22nd, 2011
8:09 am

So Saxby pissed off Republicans by allowing tax increases and Obama pissed off Democrats by allowing Medicare and SS changes.

It’s gonna be good!!!!!!!!!!!

TaxPayer

July 22nd, 2011
8:11 am

We need jobs also. Jobs are the key to ultimately generating the revenues needed to finance government. The Republicans can actually help out in this one area by simply starting the election campaigns earlier in the cycle and paying their workers a decent wage. Then that money will be circulated in the economy for expensive bottles of wine and shows at swanky night clubs and maybe even some food and hotel accomodations. Declare your run for the Presidency, Republicans. Do it now. Do your part for the economy.

Left wing management

July 22nd, 2011
8:12 am

Running out of gas here already?

Oh yeah, it’s Friday. Fat lady’s already warming up …

USinUK

July 22nd, 2011
8:16 am

LWM – well, we could always talk about this, instead: “I’m afraid Paris resisted the opportunity to retort: “I am big. It was the sex tapes that got small.”"

http://www.guardian.co.uk/lifeandstyle/lostinshowbiz/2011/jul/21/is-paris-hiltons-career-waning

(one of the funnier reads I’ve seen in a while)

RB from Gwinnett

July 22nd, 2011
8:19 am

It’s still amazing to me we still have people who believe if we just give the government some more money, they’ll be responsible for it this time.

Maybe if it was YOUR money you were putting in the kitty you’d have a different opinion of the matter, but since all you liberals ever do is fleece the evil millionairs and billionairs, you don’t care.

Jm

July 22nd, 2011
8:19 am

Mick true, nice weather in the BVI’s. 2 days of sailing in a dingy with windy weather, and I’m wiped out. Funny thing, they use the $ and even though they’re in a different time zone they all run on ET. Maybe it has something to do with DST or something.

Usinuk re dsk, true dat.

Fletch

July 22nd, 2011
8:22 am

RB from Gwinnett – “but since all you liberals ever do is fleece the evil millionairs and billionairs, you don’t care.”

Wow, I’m not a liberal or a partisan player, but that statement is so broad it’s just plain stupid.

Jm

July 22nd, 2011
8:24 am

Buddy roemer on CNBC. He doesn’t sound half bad. And sounds pretty smart too.

RB from Gwinnett

July 22nd, 2011
8:28 am

“Wow, I’m not a liberal or a partisan player,”

That would appear to be a lie.

Apparently, you haven’t heard any of Obama’s numerous speaches lately whining about the evil rich people not paying their “fair” share while ignoring the percentage of the tax bill they actually pay. Perhaps you should educate yourself before you comment any further.

Left wing management

July 22nd, 2011
8:28 am

It’s still amazing to me we still have people who believe if we just give the government some more money, they’ll be responsible for it this time.

Troglodyte central.

Yeah, it’s the “government” that has trouble managing money.

And the evidence for this is what?

Your cliches are worth nothing here dude.

Larry

July 22nd, 2011
8:32 am

Left Wing

If any insurance company or mutual fund did what the Feds did with SS….

How about the cases of $800 toilet seats for DOD….

I believe we all understand that they don’t manage our money very well

USinUK

July 22nd, 2011
8:35 am

Larry – what the Feds did with the SS???

and, as far as the $800 toilet seat, you don’t think that you pay a mark-up when you go to WalMart?

Left wing management

July 22nd, 2011
8:35 am

Larry: How about the cases of $800 toilet seats for DOD….

And how often do we see such citations of wasteful abuses lead to actual reductions in said budgets.

The answer: we don’t. DOD continues to balloon and grow apace.

Besides, the presupposition there is that the so-called “private” sector — it’s an abstraction, it doesn’t really exist — does somehow manage money well.

It doesn’t.

And it’s even worse, because it’s harder to vote out the perpetrators.

Fletch

July 22nd, 2011
8:36 am

RB from Gwinnett – “Perhaps you should educate yourself before you comment any further.”

Gosh thanks RB. I guess I wasn’t aware that Saxby Chambliss was a liberal. Then again, it’s still early here in Scobey. I suppose could have missed something, NEMONT doesn’t have the best connectivity in the world. But in North Eastern Montana it’s all we’ve got.

BlahBlahBlah

July 22nd, 2011
8:37 am

I love it. Instead of saying “rich people” right wingers say “job creators”. Instead of saying “raise taxes” left wingers say “increase revenues”

Fools. All of them.

Fletch

July 22nd, 2011
8:39 am

BlahBlahBlah – “Fools. All of them.”

If your referring to all politicians both Left and Right and the sheep who blindly follow them, I couldn’t agree with you more.

1811/0311

July 22nd, 2011
8:39 am

“Chambliss takes a leadership risk”

“Obama fails to take a leadership risk”

What ………… no chart ?

Next ………………….

P.S.

If you’re planning a move to another state, check this out for the top ten most taxed states and the top ten least taxed states.

Notice the pattern here ?

http://finance.yahoo.com/taxes/article/113173/states-pay-most-least-taxes-247wallst

USinUK

July 22nd, 2011
8:39 am

Blah(cubed) – “Instead of saying “rich people” right wingers say “job creators”. ”

seriously.

when you consider that 70% of GDP comes from consumer spending EVERYone is a job creator

USinUK

July 22nd, 2011
8:45 am

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

okay, I’ll play along.

Let’s look at Scout’s list …

and compare them to THIS list

http://www.taxfoundation.org/research/show/266.html

notice a coinkidink???

the states that are the LEAST taxed are also the biggest net recipients of Federal taxes.

(shhhhhh …

Larry

July 22nd, 2011
8:45 am

How about turning it into a giant ponzi scheme? There have been more than a few guys who have gone up the river taking funds that were supposed to be dedicated to bankroll spending in other areas.

RUSM re: you’re Walmart comment.

How about having folks fill out forms that never get looked at but that we have departments of people supervising the filing of these papers that never get looked at? I know of at least one such group in HUD and speaking of HUD, how about the redundency of programs? And what about Dept of Energy – created by Carter to reduce our dependance on foriegn oil, that’s been very effective use of our money, etc.

duzen

July 22nd, 2011
8:46 am

The Gang of Six proposal from another point of view….

Raises the national debt by $6,000,000,000,000 over 10 years (they try to spin it by saying that it cuts over $3 trillion, but that cut is out of the over $9 trillion that we are currently looking at. Meaning that we still haven’t addressed the problem.)
Removes the mortgage interest tax deduction which will plummett home values and continue the housing slump.
Removes the cap on social security tax which means that the wealthy will pay higher taxes and will stall any chance at recovery.

This bill will keep us on the exact same downward sprial that we are currently on.

JohnnyReb

July 22nd, 2011
8:46 am

Yep, if someone in the mould of Rubio, whether red, yellow, black, blue, or God forbid white – were to challenge Chambliss, Saxby would be moved to the front porch.

USinUK

July 22nd, 2011
8:47 am

Larry – “turning it into” a giant Ponzi scheme?

darlin, that’s how it was set up. nothing has changed.

roach coach 2012

July 22nd, 2011
8:47 am

Once obama & co. are booted out, the bleeding will cease.

Until then, it’s free obama burgers and bloody socks…

bon appétit

Recon (2nd.and 3rd.)

July 22nd, 2011
8:47 am

Unfortunately the “Gang of Six” has only put up a framework with the details still requiring work. It may be the basis for a short term deal that would allow time for those details to be worked out.

Larry

July 22nd, 2011
8:49 am

USinUK – Thank you for validating my point. The issue is how well they manage money!

AmVet

July 22nd, 2011
8:52 am

Mystery meet, if BHO is one and done, pray tell who exactly is going to unseat him?

Herman Cain? Newt Gingrich? Michele Bachmann? LOL!!!

You neo-cons are your own worst enemy and very much screwed.

The sad part is that misery loves company and you’re very willing to grin like idiots while you screw everyone else, as well…

And once again, evil is the word of choice when no intelligent adjectives can be summoned.

But I did love that goofy stuff about “job producers”. Look around, you Arnold Einsteins…

USinUK

July 22nd, 2011
8:53 am

Larry – I don’t think you’re making the point you think you’re making.

the SS is in the black. it has more people paying in than taking out.

and it always has done.

as far as people filling out forms, I don’t know what you’re talking about – having gone through the immigration process (and watching my friend go through it now) I can promise you that is NOT the case in every area of gov’t

USinUK

July 22nd, 2011
8:54 am

“Once obama & co. are booted out, the bleeding will cease.”

ohsweetjeebus.

okay, that’s even funnier than the Paris Hilton article.

Peadawg

July 22nd, 2011
8:55 am

“Yeah, it’s the “government” that has trouble managing money.

And the evidence for this is what?”

If you need that explained to you then can I suggest some kind of therapy? Possibly electro-shock with the things attached to head while you say “I will not say stupid sht anymore*?

jconservative

July 22nd, 2011
8:55 am

“The deal, such as it existed, got derailed by liberal Dems.”

Actually the largest deal, $4.0 trillion, was derailed by Eric Cantor.

So we will end up with a significantly smaller deal. The Tea Party went to Washington to reduce spending; they will end up just riding a pony. They turned down a $3 trillion cut in spending and will settle for about one-half of that.

RGB

July 22nd, 2011
8:56 am

The proposal embraced by Chambliss and other members of the bipartisan Gang of Six calls for major cuts in Social Security, Medicare and other programs…

“Major cuts?”

Since spending increases $6 trillion over 10 years under the Gang’s [non] program, how do you figure these programs will be cut? Do you mean a reduction from the baseline budget which increases every year? If so, you should clarify that point.

Based on the words you wrote, you are stating that the amounts expended for these programs will decline. I don’t think that’s right and if not, you should clarify/correct it.

Larry

July 22nd, 2011
8:59 am

If private enterprise set up a ponzi scheme, they would be put in jail. End of discussion.

I’m quitesure there are some areas that run smoothly, but I’m just as sure there is a layer of fat that should be removed.

Chris

July 22nd, 2011
9:02 am

The GAng six plan also included getting rid of the homeowner’s interest mortgage deduction and deductions to pruivate charities…Why are the media ignoring this part of the plan? Are they trying get it snuck through?

Left wing management

July 22nd, 2011
9:04 am

Peadawg: “If you need that explained to you then can I suggest some kind of therapy? Possibly electro-shock with the things attached to head while you say “I will not say stupid sht anymore*?”

Limbaugh saying it’s so doesn’t count.

So as I said, I’ve heard no convincing evidence that there’s something about “government” that is inherently inclined to waste that is not equally true of the private sector (whatever that is, it depends on government to exist, it’s parasitic off government, etc.).

USinUK

July 22nd, 2011
9:04 am

“If private enterprise set up a ponzi scheme, they would be put in jail. End of discussion. ”

of course, the difference is that, in cases such as Madoff, the people never saw their money.

with SS, you will. as will your children if you die or are incapacitated when they’re still minors.

biiiiiiiiiiiiiiiig difference. huge.

Chris

July 22nd, 2011
9:05 am

USinUK..YOu are wrong about SS….THIS year SS actually is paying OUT more than it is taking in…They had thought it wqouldn’t happen for another 8 or 9 years, but with the bad econony more people “retired” a little earlier than they had planned and entered into SS.

zeke

July 22nd, 2011
9:07 am

I am sick and tired of you leftist morons referring to SS and Medicare as entitlements! THEY ARE NOT! Workers have been forced to pay the absurd tax of these programs for decades, so too their employers and if not employed the self employed worker pays a much higher rate! Admittedly, those TAXES may not fully fund the lifetime payouts for some, but, that should be offset by those who die before receiving any benefit or after only a couple of years on the system! The proposed means testing is just another redistribution scheme of the left! If a worker pays the tax on a 100 thousand dollar income they should receive benefits accordingly! The true entitlements are medicaid, wic, adc, food stamps, excessive unemployment payments, and the double dipping of workers who retire from the military or other government employment, receive retirement income, then at the same time go to work for another government agency like the postal service!!!

Mike

July 22nd, 2011
9:07 am

Chris,
As a homeowner, I reluctantly agree with the need to get rid of the homeowner’s interest mortgage deduction. Many Americans have made foolish decisions to buy houses they can’t afford, and part of the reason is so they can get a deduction on their income taxes. The purpose of the tax code should be to raise revenue, not to encourage home ownership ( which we now know can be a curse as much as a blessing.)

USinUK

July 22nd, 2011
9:08 am

Chris got a linkee for that? just googled, can’t find.

roach coach 2012

July 22nd, 2011
9:08 am

Look.

Since the dems took over in ‘06 – it’s been all down hill.

You preach hope and change?

then prove it.

JohnnyReb

July 22nd, 2011
9:09 am

zeke – you were doing ok until you added military retirement.

Peadawg

July 22nd, 2011
9:10 am

“Limbaugh saying it’s so doesn’t count.”

I don’t listen to Limbaugh, punkin. I don’t need people to tell me how to think.

Keep Up the Good Fight!

July 22nd, 2011
9:11 am

Left wing management

July 22nd, 2011
9:11 am

Larry: “If private enterprise set up a ponzi scheme, they would be put in jail. End of discussion”

Am I reading you correctly? Are you suggesting private enterprise is somehow immune to setting up ponzi schemes (a howler) and that when they do they promptly go to jail (even more a howler)?

Tell me I misread you, please ..

Shawny

July 22nd, 2011
9:11 am

“major cuts in Social Security”, really? This morning on NPR he said it amounted to a 0.3% reduction in benefits.

Nice endorsement of Chambliss. Thanks

Doggone/GA

July 22nd, 2011
9:18 am

“This morning on NPR he said it amounted to a 0.3% reduction in benefits”

Are you sure you heard correctly? Everything I’ve seen and heard was a .3% reduction in future Cost of Living adjustments.

USinUK

July 22nd, 2011
9:22 am

Keep up – am I missing something

•Income including interest to the combined OASDI Trust Funds amounted to $781 billion ($637 billion in net contributions, $24 billion from taxation of benefits, $117 billion in interest, and $2 billion in reimbursements from the General Fund of the Treasury) in 2010.
•Total expenditures from the combined OASDI Trust Funds amounted to $713 billion in 2010.

last time I checked $781 > $713

Brosephus

July 22nd, 2011
9:22 am

If the logic and intelligence on display here is representative of the country as a whole, the best course of action would be to go full throttle into collapse. Maybe the bumper sticker way of life can finally be eradicated for good. There have been more talking points played here than in a full week of party convention speeches.

USinUK

July 22nd, 2011
9:25 am

Brocephus – and happy Friday to YOU! :-)

or, as my sister likes to say, sometimes the gene pool needs a little chlorine

roach coach 2012

July 22nd, 2011
9:29 am

“If the logic and intelligence on display here is representative of the country as a whole, the best course of action would be to go full throttle into collapse”

Vote obama and lets get pelosi back behind that gavel pronto!

Keep Up the Good Fight!

July 22nd, 2011
9:30 am

•The point at which non-interest income fell below program costs was 2010. Program costs are projected to exceed non-interest income throughout the remainder of the 75-year period.

USinUK, I think they are referring this but not being precise.

Bosch

July 22nd, 2011
9:30 am

I hate to say it, but Chambliss is doing well. There, I wrote it…now for a shower.

Left wing management

July 22nd, 2011
9:31 am

Peadawg: “I don’t listen to Limbaugh, punkin. I don’t need people to tell me how to think.”

As I said the other day, it’s a STYLE of thinking that for me earns the label “Limbaugh”.

It’s possible to speak Limbaughese without heaving ever heard the man.

jeff

July 22nd, 2011
9:31 am

Jay, do you support the idea of a balanced budget amendment? And if not, why not?

Brosephus

July 22nd, 2011
9:32 am

USinner

:) and a T.G.I.F. to you too. I got a feeling that ole P&V is alive and well today.

USinUK

July 22nd, 2011
9:33 am

“The point at which non-interest income fell below program costs was 2010. Program costs are projected to exceed non-interest income throughout the remainder of the 75-year period.”

ohsweetjeebus.

are you kidding me? this is causing the outbreak of chicken little fever?

Just saying..

July 22nd, 2011
9:33 am

Have had no use for Chambliss since his (lack of) service to the country during the Vietnam war, followed up by his public linking of triple amputee veteran Senator Max Cleland to Osama bin Laden, so Chambliss could take the seat for himself. But…, since life is about Now, I absolutely have to give Chambliss his props for what he’s doing now. To stand up in this current mob of Know-Nothings masquerading as Republicans, and try to not only talk sense to them, but to illustrate what a adult representative of the people should be doing… An act of political and moral courage, without question. You’ve earned a salute of respect from this Vietnam vet, Senator Chambliss.

Ninja

July 22nd, 2011
9:33 am

“It’s possible to speak Limbaughese without heaving ever heard the man.”

Well of course, he’s just holding up a mirror to the people who would buy into that garbage. He doesn’t actually buy it for a second.

USinUK

July 22nd, 2011
9:33 am

Brocephus -

(rubbing hands together gleefully)

EXCELLENT!! glad to hear it! I love it when you tap a keg of Brocephus!

Logical Dude

July 22nd, 2011
9:34 am

JohnnyReb @ 8:46
“Saxby would be moved to the front porch.”

Forgive my ignorance of the phrase, but what does that even mean?

Peadawg

July 22nd, 2011
9:35 am

“It’s possible to speak Limbaughese without heaving ever heard the man.” – LOL never heard that before. That’s a very funny opinion.

Rafe Hollister

July 22nd, 2011
9:41 am

GWB spent 1.6B per day during his reign of excessive spending.
BHO spends 4.1B per day during his reign of decadance and redistribution.

Where is the presidents plan to reduce spending as he is the one doing the spending?

70% of Americans want a balanced budget amendment, you didn’t mention that stat, Jay.