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Keith Ellison asks Republicans to follow Reagan’s advice on Social Security

by The Big E on November 29, 2012 · 5 comments

As the negotiations begin to heat up over the so-called “fiscal cliff”, Rep. Keith Ellison (DFL-MN) and Raul Grijalva (D-AZ), co-chairs of the Congressional Progressive Caucus, sent a letter to all Republican members of Congress today. They ask them to remember the advice of President Ronald Reagan in regards to Social Security.

“Social Security has nothing to do with the deficit. Social Security is totally funded by the Payroll Tax levied on employer and employee. If you reduce the outgo [payments] of Social Security, that money would not go into the general fund to reduce the deficit. It would go into the Social Security Trust Fund.”

Watch:

After running up massive deficits under the Bush Administration, Republicans are pretending they are concerned about the deficit. How can their current stance be anything but political posturing? Where was their fiscal hawkishness when they voted to start two wars and lower taxes instead of paying for them?
Here’s their letter:

Dear Colleague:

For the last 20 years, Republicans have consistently cited President Ronald Reagan’s legacy as the basis of their party platform. As Congress approaches important deadlines at the end of this year, Republicans should listen to what he said during the Presidential Debate on October 7, 1984:

‘Social Security has nothing to do with the deficit. Social Security is totally funded by the Payroll Tax levied on employer and employee. If you reduce the outgo [payments] of Social Security, that money would not go into the general fund to reduce the deficit. It would go into the Social Security Trust Fund.

‘Social Security has nothing to do with balancing a budget or erasing or lowering the deficit.’

We’re asking Republicans to listen to President Reagan and take Social Security off the table in current negotiations.

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