Obama: We must protect Social Security, expand retirement benefits for older Americans

President Obama two years ago thought both Congress and the American public were ready for a real discussion about cutting Social Security, but it’s now clear just how wrong that calculation was, as many of the president’s fellow Democrats have gone in the other direction and are pushing to expand the entitlement program.

Mr. Obama’s controversial proposal to cut Social Security was spelled out in his fiscal year 2014 budget, released in early 2013. The spending plan called for the implementation of “chained CPI,” which would have changed how Social Security benefits are calculated and reduced government payouts over time.

– Washington Times

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