Not Much on the table; The Democrats and the Fiscal Cliff  

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Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 405 no. 8814 (Dec. 2012), page 48-49.
Topik: Fiscal Policy; Tax Increases; Budget Deficits; Government Spending; Politics

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.74 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Pressure groups have mounted a ferocious campaign against any reductions in benefits. Before last month's election the Progressive Change Campaign Committee, another pressure group, persuaded some 200,000 people to sign a pledge stating, "President Obama: If you cut Social Security, Medicare, or Medicaid benefits for me, my family, or families like mine, don't ask for a penny of my money or an hour of my time in 2012." MoveOn has promised to support primary challenges to Democrats who betray the cause. The AFL-CIO recently released a fact sheet arguing that changing indexation for Social Security would cost the average retiree $850 a year. It seems to be working. Some 29 Democratic senators have signed a letter rejecting any changes to Social Security. Fourteen have ruled out changes to benefits under Medicare and Medicaid. Perhaps the best reason to suppose that Democrats may be less intransigent than they appear on entitlements, however, is that it is not their focus in the negotiations. Mr Obama has been banging on about higher taxes for the rich since his previous election campaign, yet the Republicans have managed to stymie them. Democrats in Congress, like the president himself, are determined to see them through this time. Success in that respect might ease the pain of entitlement reform.

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