Tuesday, October 22, 2013

Budget Discord Simmers on the Left

Democrats aren't serious about reducing the national debt, and they never will be.

At the Wall Street Journal, "Some Liberal Groups, Lawmakers Worry About Cuts to Social Security, Other Entitlements":
Cracks are showing in the Democratic coalition as the next round of budget talks gets under way, hurting the chances for progress toward a broad deal that changes the tax code and significantly narrows future deficits.

While Republicans are still smarting over nasty infighting they engaged in during the debt-ceiling fight and 16-day government shutdown, Democrats have stayed united. This helped them beat back Republican demands to undo or scale back President Barack Obama's 2010 health law as a condition for ending the showdown.

But with eyes now turning toward a newly formed budget committee, some liberal lawmakers and groups are worried that Democrats will negotiate cuts to Social Security benefits and other entitlement programs. The president's budget blueprint, which was released in April, proposed slowing the growth of Social Security spending by using a new measure of inflation—an idea that drew a rebuke from some lawmakers and liberal groups.

"The president is about to run into a major base problem if he tries to do this," said Rep. Keith Ellison (D., Minn.), co-chairman of the Congressional Progressive Caucus, referring to using the new formula, the chained consumer-price index, to determine benefits. "My advice to him is: Don't do it."
Well, when has O ever worried about the base?

And frankly, President Obumbler's not serious about entitlement reform. We'll be over $20 trillion in debt when he leaves office, and perhaps much more.