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Sunday, February 20, 2011

Thought for the Day


The 1983 Amendments to the Social Security Act, the ones that enacted the so-called Greenspan Commission recommendations, raising the payroll contribution to SS, so that the system would remain in actuarial balance?

Well, it wasn't "included" in the Feb 1983 budget and the recs were carried as a stand alone bill.

Check it out. Many Republicans opposed the measure or didn't bother to vote!

So, the idea that the Obama administration had to include something in his budget is bogus, at least by historical standards, even allowing that the commission reported out in Jan of 1983.

And the other entitlement programs are a matter primarily of (a) aging and (b) health cost inflation. Obama has moved already to try to tamp down the cost inflation.

Where's the GOP for any of that?