The Logical Leftist
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Leaked Clinton transcripts show her support for cutting Social Security
Posted
October 12, 2016
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October 12, 2016
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"Clinton on the campaign trail declared, “I won’t cut Social Security.” Yet in the email’s excerpts of her Morgan Stanley speech, she lauded a presidential commission that proposed changes that would slash Social Security benefits, according to experts.
The email shows Clinton specifically telling Morgan Stanley that the Simpson-Bowles commission “put forth the right framework” for dealing with fiscal challenges. She also said “the Simpson-Bowles framework and the big elements of it were right.”
As the nonpartisan Center on Budget and Policy Priorities reported in 2011, that commission proposed a plan to “cut benefits for the vast majority of Social Security recipients, weaken the link between a recipient’s benefits and past earnings (which could undermine public support for the program), and, despite the claims of the co-chairs, fail to protect most low-income workers from benefit cuts.”
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