As part of the ongoing negotiations over the debt limit, some Republicans in both the Senate and the House are floating the idea of Social Security reform as a way to trim some costs from the budget. The program is currently projected to reach a point of insolvency in approximately twelve years without some changes being made, but any suggestion of reductions in benefits has historically been met with significant public resistance. Also, the Democrats are already licking their chops at the prospect of Republicans asking for cuts. “We tried to warn you! If you give any power to the GOP they’ll try to end Social Security!” It’s precisely the message they would love to carry into the presidential primary season. But it’s also getting harder for the swamp creatures to ignore the elephant in the room. (The Hill)Read More