Political cronies have back-doored Social Security funds to other projects, and now are waving false flags that "entitlements" like Social Security and Medicare are bankrupting the federal budget. What a bag of lawn manure.

I am on Social Security on a fixed income with only a little extra income from self employment. If President Obama cuts cost of living benefits to current and future retirees he will be going against his promises and creating unnecessary hardship for those who have paid in their hard earned money and deserve to have this income in their senior years.

This is about President Obama's proposal to change the way cost of living increases are calculated for retirees on Social Security. As a person dependent on Social Security, the proposed "chained CPI" would decrease cost of living increases for me and my fellow retirees and make those among the least able responsible for decreasing the deficit. This terrible idea should be rejected.

Yes. I would be as I'm 60.

We have paid Social Security for years and deserve our share of all those years.

Please say no to President Obama's proposal to cut Social Security by lowering the cost-of-living adjustment for current and future retirees.

Please do not cut social security, so many of us depend on it just to live, many of us can no longer work.

When you lose a loved one Social Security benifits by keep the majority of the money.

This is about President Obama's proposal to change the way cost of living increases are calculated for retirees on Social Security. All people dependent on Social Security would be hurt, the proposed "chained CPI" would decrease cost of living increases for me and other retirees and make those among the least able responsible for decreasing the deficit. This terrible idea must be rejected.

Say no to President Obama's proposal to cut Social Security by lowering the cost-of-living adjustment for current and future retirees.

I've watched the politicians claim that the Social Security Trust Fund is going belly up while hiding the fact that Congress has systematically looted the Fund over the years because the law allowed them to "borrow" from the Fund.

What's the Chained CPI? The acronym is easy: CPI stands for consumer price index, a formula that looks at how the prices of stuff we need (food, for example) change over time. It's used to make cost-of-living adjustments in programs such as Social Security, veterans benefits and food stamps. The chained CPI is a twist on that: It measures living costs differently because it assumes that when prices for one thing go up, people sometimes settle for cheaper substitutes (if beef prices go up, for example, they'll buy more chicken and less beef). Bottom line: Cost-of-living adjustments would be lower with the chained CPI than with the plain old CPI. So depending on which formula is used, the amount of your Social Security payments could change over time. How much could payments change? Estimates show that under the chained CPI, your cost-of-living adjustment (COLA) would be about .3 percentage point below the plain old CPI. That works out to $3 less on every $1,000, which doesn't sound like much — except that it keeps compounding over time. Look at it this way: The COLA for this year was 1.7 percent. If your monthly Social Security check was $1,250 last year, it increased to $1,271.25 this year. With the chained CPI, you would be getting $1,267.50 — or $3.75 less a month and $45 less a year. Again, that might not seem like a big reduction, but if the COLA is the same next year, the difference increases to $7.61 a month and $91.32 for the year. You start to get the picture. The gap accelerates and begins looking like real money. If you're 62 and take early retirement this year, by age 92 — when health care costs can skyrocket and more than 1 in 6 older Americans lives in poverty — you'll be losing a full month of income every year. http://www.aarp.org/politics-society/advocacy/info-02-2013/the-chained-consumer-price-index-explained.html?CMP=KNC-360I-YAHOOBING-POL&HBX_PK=chained_cpi&utm_source=YAHOOBING&utm_medium=cpc&utm_term=chained%2Bcpi&utm_campaign=M_Politics%2B&%2BSociety&360cid=SI_549716575_2125149143_1