McCain puts it "all on the table"By Lea Abdnor

Sen.ABC News reports that Sen. John McCain, who previously said no to payroll tax increases, has changed his approach to Social Security reform:

Sen. John McCain made clear this weekend that when it comes to fixing Social Security, "everything is on the table," including a possible payroll tax increase.

"There is nothing I would take off the table. There was nothing I would demand," McCain told ABC News George Stephanopoulos in an exclusive interview on "This Week." I think that's the way that Ronald Reagan and Tip O'Neill did it--and that's what we have to do again."

When asked if that includes a possible hike in the payroll tax, McCain reiterated that nothing -- including such a tax hike -- is "off the table"

"I don't want tax increases. Of course, I'd like to have young Americans have some of their money put into an account with their name on it," McCain said."

I don’t see this so much as a change as hope for some reasonableness in this discussion. Most folks know that the problems facing Social Security aren’t going away. To solve these problems will require bi-partisan action, which means we must put all ideas on the table. In the words of former Congressman Charlie Stenholm (D-TX), “We must stop arguing over what’s ON the table and just get TO the table. When politicians refuse to talk to each other until the other side gives in to their demands, bipartisan progress is next to impossible.” Kudos to McCain.

 

 

Your Child's Inheritance: Debt airs again in MN-Tim PennyBy For Our Grandchildren

 

 "Your Child's Inheritance: Debt" a co-production of For Our Grandchildren and MN Channel of tpt will air again in Minnesota on Tuesday, August 19th and Wednesday, August 20th at 1:30 am. So tune in or set your Tivo!

This 30-minute program features former U.S. Comptroller General David M. Walker, who tells Americans what few elected officials dare. Candid, pithy, and sometimes witty, Walker explains how for years Congress has borrowed from Medicare and Social Security to pay for other programs, and charged this debt to our children and grandchildren. Once baby boomers begin to retire this January, we face a “tsunami of spending that could swamp our ship of state,” Walker warns.

Having recently appeared on “60 Minutes,” Comedy Central’s “Colbert Report,” and NPR’s The Diane Rehm Show,” Walker is determined to tell Americans the truth so they’ll call on elected officials to address Congress’s fiscal irresponsibility.

Candidates continue to ignore our unsustainable fiscal path so future generations need someone to start this discussion on their behalf.

This program is truly a must-see for anyone concerned about their bank account and their children’s future. To request a free copy  contact  Lea Abdnor at   720-318-8876 .

Beware the political hacks- Lea AbdnorBy For Our Grandchildren

At a town hall meeting this past Monday, Sen. John McCain said "Social Security" and "disgrace" in the same sentence causing opportunistic political hacks like Americans United for Change to send out an email lambasting McCain. The email said:

Screening of I.O.U.S.A., the MovieBy Heidi Neel

Last night attended a screening of the new documentary I.O.U.S.A. It's a fantastic look at our mushrooming federal debt and explains where we've been, where we are, and where we as a nation are headed. The film features former Comptroller General of the United States David Walker and Director of the Concord Coalition Bill Bixby as the two travel the country sounding the alarm on the Fiscal Wake-Up tour. It's a real eye opener. Check out the trailer and look for it in your town this August.

McCain and Obama on Social SecurityBy Heidi Neel

The Washington  Post gave front page coverage to an article comparing the candidates' positions on Social Security. Journalist Perry Bacon provides some interesting new details on Sen. Obama's reform proposal.