Lindsey Graham(R-SC) not only became the latest Republican to jump into the 2016 presidential race, he also became the latest Republican to signal strong support for deep Social Security cuts.
"Washington's failure to do the hard but right thing has put Social Security and Medicare in jeopardy," Graham said during his speech on Monday. "As my generation retires both programs are on track to go bust. We're living longer and fewer workers are supporting more retirees. That's unsustainable, everybody knows it, but not everybody will admit it. We have to fix entitlement programs to make sure people who need the benefits the most receive them. That's going to require determined presidential leadership."
The claim that either the old-age or disability trust funds has run dry is 'one of the hoariest lies in the conservatives' playbook.'
Republican opposition to a plan that would shore up a critical government safety-net program amounts to a new front in the GOP's class war and could equal a "death sentence" for many poor recipients, defenders of Social Security said this week.
Advocacy groups vow to fight back against what they believe is a preliminary "stealth attack" that portends a wider assault on a program that makes survival possible for millions of vulnerable Americans
As Los Angeles Times columnist Michael Hiltzik immediately remarked: "Well, that didn't take long."
It is a popular sport in policy circles to complain that the government spends so much more on seniors that it spends on kids. The gap between spending on seniors and spending on kids comes from taking average Social Security and Medicare benefits, along with some other programs, and showing that is vastly exceeds what we spend on kids. (The calculation usually leaves out state and local expenditures, which accounts for the bulk of education spending.)