Obama: Giving Away Social Security

Robert Kuttner

October 9, 2012

The president's position on retirement benefits is indeed almost identical to Romney's—and that's no good thing.

Here is Mitt Romney’s proposal to cut Social Security benefits, from the Romney campaign website:

 

First, for future generations of seniors, Mitt believes that the retirement age should be slowly increased to account for increases in longevity.

Second, for future generations of seniors, Mitt believes that benefits should continue to grow but that the growth rate should be lower for those with higher incomes.

In other words, cuts in benefits. In the first debate, I was waiting for President Obama to go to town on this.