The Congressional Progressive Caucus on Thursday warned that cuts to Social Security could be put on the table as part of an eventual deal to end the government shutdown.
“Social Security is a promise we must keep. The money our grandmothers, grandfathers, widows and children rely on should not be used as bargaining chips in any debate. Moving towards the new benefit calculation for Americans receiving Social Security, known as chained-CPI, will cost those on Social Security an average of $650 a year. For millions who depend on Social Security, a loss that large could force them to choose between rent and health care," co-chairs Reps. Raul M. Grijalva (D-AZ) and Keith Ellison (D-MN) said in a statement.
“Calculating benefits for Social Security beneficiaries with chained CPI isn’t a reform—it’s a benefit cut. Americans oppose cutting Social Security or shutting down the government to deny millions of Americans health care. They won’t be bullied into changing their minds, and neither will we.”