Pobres Viejitos, Fiscal Commission Targets Social Security, Medicare

I had a conversation with my Guelita recently and she mentioned that she didn’t get a cost of living increase in her social security this year — I hate to have to tell her soon that it’s going to get worse.  Our nation’s seniors are about to eat it, according to a report from the White House’s National Commission on Fiscal Responsibility and Reform.

From The Huffington Post:

“…recommendations to raise the retirement age for Social Security and cut Medicare benefits — two policy prescriptions that will be met with deep opposition from Democrats and some Republicans — according to a source who has been briefed on the proposal.”

And we’re not just talking cuts, we’re talking 70% cut in benefits and 30% increase in revenues, according to The Huffington Post’s source.  These aren’t the final recommendations, I don’t see how they could be, but for my Guelita’s sake, I hope they find another place to cut…political salaries, for example.