By Sean Lengell-The Washington Times
Despite President Obamaâ€˜s promises to lower the deficit and rein in spending, there was a conspicuous omission from his 2012 budget blueprint that many say would go a long way toward easing the nationâ€™s financial woes: Social Security reform.
The White House and top congressional Democrats argue that Social Security isnâ€™t contributing to the nationâ€™s deficit. Others say thatâ€™s nonsense and accuse Democrats of using fuzzy math to justify their claim.
But with the Republican-controlled House eager to continue cutting spending and a bipartisan congressional commission suggesting significant Social Security scale-backs, expect the issue to gain momentum this year.
Chris Edwards, director of tax policy studies at the Cato Institute, a free-market think thank, said it was â€œbad politicsâ€ for the president not to tackle entitlement programs such as Social Security in his budget proposal.
â€œI actually think heâ€™s made it easier for Republicans to go ahead with their discretionary spending cuts because they can say, â€˜Look, the nation has got a fiscal crisis and the president is doing absolutely nothing,â€™â€ he said.
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