8 years ago
President Obama’s huge reversal on Social Security is a big win for liberals
Social Security hasn't really been a major issue in Barack Obama's presidency. Insofar as it came up at all, it was in the context of Obama's attempts to reach a "grand bargain" with congressional Republicans to reduce entitlement spending and increase taxes. His signature proposal there — a form of Social Security cut known as chained CPI — enraged the progressive wing of the Democratic Party. So it's startling to see him declare Wednesday that Social Security shouldn't be cut, but instead expanded.
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