Tags: Economic- Crisis | Social Security | third rail | fiscal hawks | Obama | White House | budget deficit

Both Parties Fear Touching Social Security

Tuesday, 01 Mar 2011 12:42 PM

By Dan Weil

Any fiscal expert will tell you that to truly get the government’s debt under control, we must curb spending on Social Security. But for years that issue has represented the “third rail” of American politics, and neither party has wanted to touch it.
 
Social Security,third rail,fiscal hawks,Obama,White House,budget deficit
There are politicians on both sides of the aisle who cite the need to do something, particularly Republican fiscal hawks.

However, even these hawks are holding fire, waiting for the president to weigh in on the issue first, Politico reports.
 
“And if Republicans appear gun-shy, then Democrats are in full retreat,” as the news service puts it. President Barack Obama left Social Security — and other entitlement programs — out of his proposed budget cuts.
 
Ever since then, the White House and Democratic congressional leaders have worked vigorously to exclude Social Security from the discussion of how to slash the budget deficit.
 
 

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