http://www.huffingtonpost.com/2012/09/24/obama-and-social-security_n_1910498.html
Concern is mounting among some Senate Democrats that President Barack
Obama will make a deal with Senate Republicans during the lame-duck
session that would result in changes to the benefit structure of Social
Security.
One of the most progressive voices in the caucus, Sen. Bernie Sanders
(I-VT), said he was heartened to hear Obama tell the AARP last week
that he'd be open to raising the cap on income that's taxed for purposes
of paying into the Social Security trust fund. Sanders also applauded
the president for taking off of the table any reform language that
resulted in the "slashing" of benefits (several Social Security
advocates, disagreeing with Sanders, said they were worried such
language was counterproductive, as it opens the door for cuts that could
be deemed minor).
But the Vermont Independent worried that all of this could be
posturing for the lame-duck session immediately after the election, when
lawmakers are expected to rush to find another "grand bargain" on tax
and entitlement reform to stave off the so-called fiscal cliff.
"That's exactly what's going to happen," Sanders said of Social
Security being on the proverbial table, "Unless someone of us stops it
-- and a number of us are working very hard on this -- that's exactly
what will happen. Everything being equal, unless we stop it, what will
happen is there will be a quote-unquote grand bargain after the election
in which the White House, some Democrats will sit down with
Republicans, they will move to a chained CPI."
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