Posted: Apr 14, 2013 3:10 PM by Daniel Erusha - MTN News
WASHINGTON, DC - Senator Max Baucus has spoken out for Montana's seniors and veterans by opposing President Obama's plan to cut benefits by changing the way Cost of Living Adjustments are calculated.
The adjustments are used to ensure benefits for seniors, veterans and military retirees keep pace with the cost of groceries and other necessities. Sen. Baucus is head of the committee that oversees the Social Security and Medicare program in the Senate.
"I'm disappointed by the President's proposal to change how cost of living adjustments are calculated for seniors and military retirees. Cutting Montana seniors' benefits without asking the wealthiest Americans to chip into the Social Security trust fund isn't right," The Democrat said.
Baucus has worked to stop privatization of Social Security in 2005, and has also opposed the Ryan Budget proposal.