3 Potential Social Security Changes to Watch For
President-elect Joe Biden wants to make changes that would increase benefits for millions of Americans.
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President-elect Joe Biden wants to make changes that would increase benefits for millions of Americans.
Played with patty murray and paul ryan, they basically said those are off the table. the best you're going to do is a small deal and it's not even clear to me that's something they want to. don't forget, the default is spending cuts with the sequester. >> no incentive for republicans to deal. >> not really. everybody tells me they want to stop the defense cuts. i believe that. >> some, not all. >> the problem with the sequester is it was supposed to be the worst possible alternative. it is except compared to everything else. that is compared to tax increases where medicare and social security ...
Ellison calling on president obama to walk back the budget reforms in his proposals that would -- former dnc governor and former rnc chairman and nbc analyst michael steel. good to have you with me. governor, i'll begin with you, besides the gop, should the president walk back the social security changes? >> of course not. look, the bottom line is, if we're going to have a grand bargain, if we're going to deal with the debt problem that's facing america and i believe is like an elephant pressing down on our economy, if we're going to get that solved, we're going to have to make concessions. we...
Reform and would save a lot more money. we'll see. i think the ball is in boehner's and mcconnell's court. they got something they wanted. let's see what they do with it. >> perhaps, but, governor, if the social security changes go through, the democrats can own the cuts. can they afford that? >> i think it remains to be seen whether the president can get enough democrats to vote for this. we're not going to know of this. this is all speculation until we see what the speaker and the minority leader in the senate come back with if they come with anything, which i doubt they will. >> but i love ...
Cuts, medicare changes, social security changes, anything, don't think about getting us to vote procedure them because we won't. which suggests the democratic campaign committee which on the weekend paul ryan's plan quote was to destroy medicare may not be the basis for a deal no matter how charming president obama was over dinner. >> we are talking about obama himself who has compromised 0 tax cuts, finally -- they finally agree to raise another tough 1%. he compromised on healthcare, wanted a public plan, didn't go with that. we have the affordable care act which is more complicated. he's fi...