Lindsay Graham: I Will Destroy America’s Solvency Unless The Social Security Retirement Age Is Raised

How much clearer can the GOP get with their extortion threats to American citizens?  Graham is a Senator with enough clout to back up his threat.  This is shameful…

Think Progress

Although official Washington is currently fixated on the so-called “Fiscal Cliff,” the biggest threat to American prosperity is the debt ceiling, which must be raised in February to prevent economic catastrophe. If Republicans refuse to reach a deal on the so-called cliff, the Congressional Budget Office predicts that they will spark a new recession in 2013. But if Republicans block action on the debt ceiling, they will make that potential recession look quaint. Without raising the debt ceiling, the United States will be forced to embrace austerity so severe it will lead to “a bigger GDP drop than that experienced during the Great Recession of 2008.”

But in an interview on Fox News Sunday this morning, Sen. Lindsey Graham (R-SC) threatened to oppose this must-pass bill unless Social Security benefits are taken away from millions of future retirees:

I’m not going to raise the debt ceiling unless we get serious about keeping the country from becoming Greece, saving Social Security and Medicare [sic]. So here’s what i would like: meaningful entitlement reform — not to turn Social Security into private accounts, not to take a voucher approach to Medicare — but, adjust the age for Social Security, CPI changes and means testing and look beyond the ten-year window. I cannot in good conscience raise the debt ceiling without addressing the long term debt problems of this country and I will not.

Watch it:

This is extortion, plain and simple. It is the budgetary equivalent of threatening to break America’s legs unless Congress agrees to break the backs of millions poised on the edge of retirement. Graham’s position is that seniors should have to wait longer for their retirement benefits — even if they work in physically demanding jobs that literally tear the body apart by the time a worker reaches age 65 — and that those benefits should be reduced in the future.

And if Congress won’t agree to this deal, then Graham is prepared to thrust the nation into an economic calamity unheard of since the Great Depression.

6 comments

  1. Reblogged this on The ObamaCrat.Com™ and commented:
    It’s too bad that Sen. Lindsey Graham (R-SC) does not comprehend that the debt ceiling has absolutely nothing to do with the age for Social Security or CPI changes. We really elect some dumb folks to political office in America. Thank you Ms. Kstreet607 for this piece.

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  2. What a stupid article. It is the mushrooming DEBT that will destroy America via insolvency! Graham is just trying to get Obama to cut back a little so the debt won’t grow as fast. . . you people are morons!

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    1. I’m curious Lloyd, were you as vociferous with the George W. Bush administration’s spending. The spending on two wars, a drug program and tax cuts for his “base” which were, by the way…NOT PAID FOR?

      And may I add that we are a civil group over here and we may disagree with each other at times, but we never resort to ad hominems. Please refrain from calling people who don’t agree with you “morons”. It’s unacceptable here.

      Your previous comments have been quite innocuous. I would hope that your future comments are more like your earlier ones.

      Happy New Year from TFC.

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  3. The best part is, no matter how you cut Social Security, it will have zero impact on the deficit, since Social Security isn’t running a deficit and Social Security trust fund is a separate entity not included in the national debt. It will require changes to remain sustainable, but it won’t add to the deficit for decades. What would reduce federal deficit immediately, is cutting all federal funding to Graham’s home state of SC.

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