Monday, February 28, 2011

Team Obama Throws Cold Water on Social Security Cuts

White House Budget Director Jack Lew and Jason Furman, deputy director of President Barack Obama’s National Economic Council, both stressed this week that Social Security isn’t facing an immediate funding crisis and should be viewed separately from moves to reduce the federal deficit.

“They’ve dumped a big pot of ice cold water on any embers of Social Security reform,” said Chuck Blahous, a Social Security public trustee who headed a commission on the program empaneled by President George W. Bush.

1 comment:

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