Posted on July 8, 2011 by dandelionsalad
Image by sandy_sanders via Flickr
Jul 8, 2011 by TheRealNews
Michael Hudson: Panic about debt ceiling used to attack social programs; no real need for more borrowing
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SenatorSanders on Jul 7, 2011
As Social Security emerged as a target in White House budget negotiations, Sen. Bernie Sanders insisted that the retirement program must not be cut as part of any deficit reduction deal. “Let us be clear,” Sanders said. “Social Security has not contributed one nickel to our deficit or our national debt.” The program that benefits more than 50 million seniors and disabled has a $2.6 trillion surplus, he stressed, and will be able to provide full benefits for every eligible American for the next 25 years. “I am especially disturbed that President Obama is considering cuts in Social Security after he campaigned against cuts in 2008,” Sanders added.
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MOXNEWSd0tCOM on Jul 7, 2011
July 07, 2011 CURRENT TV Keith Olbermann
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Updated
MOXNEWSd0tCOM on Jul 8, 2011
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