Liberals to Dems: Just Say ‘No’ to Cutting Social Security, Medicare, Medicaid
In his recent talk in Tucson, John Nichols of The Nation warned against budget solutions proposed by the Fix the Debt Coalition, a group of 127 billionaires, "lesser millionaires," and corporate CEOs.
According to Nichols, this exclusive club of 1%ers is rolling out a $60 million advertising campaign to promote the new Simpson-Bowles Plan for debt reduction, according to Nichols. The original Simpson-Bowles Commission– dubbed the Cat Food Commission because of its cuts to senior citizen benefits– was infamously unpopular when it was proposed originally. The Simpson-Bowles redux may be even worse.
How would the billionaires' club "fix the debt"? By reducing Social Security payments to the elderly and disabled, by raising the eligibility age for Medicare, by dramatically cutting Medicaid support for the poor, by eliminating the Affordable Care Act and changing Medicare to a voucher program for future recipients, by imposing austerity on 99%, and by [wait for it] lowering taxes on billionaires and corporations.
This article (after the jump) from the Washington Post outlines exactly what Nichols warned Tucsonans about.