Open in TheBrain

eagle icon

<p style="margin-top: 8px; margin-bottom: 8px; background-color: rgb(255, 255, 255);"><font face="Times New Roman" size="4">----</font></p><p style="margin-top: 8px; margin-bottom: 8px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman" style="font-weight: bold; outline: none;"><a href="https://www.alternet.org/2020/05/the-trump-administrations-monstrous-idea-direct-payments-in-exchange-for-cuts-to-social-security-benefits" style="text-decoration-line: none; outline: none;">https://www.alternet.org/2020/05/the-trump-administrations-monstrous-idea-direct-payments-in-exchange-for-cuts-to-social-security-benefits</a></font></p><p style="margin-top: 8px; margin-bottom: 8px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">
</font></p><p style="margin-top: 8px; margin-bottom: 8px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">common dr</font></p><p style="margin-top: 8px; margin-bottom: 8px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">
</font></p><p style="box-sizing: border-box; outline: none; margin: 0px 0px 17px; padding: 0px; line-height: 1.8; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Suddenly concerned about the growing national debt now that corporations have secured access to&nbsp;<a href="https://www.commondreams.org/news/2020/03/26/looting-america-big-corporations-progressives-appalled-senate-unanimously-passes" target="blank" style="box-sizing: border-box; outline: none; margin: 0px; padding: 0px; text-decoration-line: none; transition: color 0.3s ease 0s; cursor: pointer;">trillions of dollars in Covid-19 bailout funds</a>&nbsp;with little oversight, Trump administration officials are reportedly considering several proposals purportedly aimed at reducing government spending—including a pair of plans that would provide Americans with cash payments in exchange for delays or cuts to their Social Security benefits.</font></p><p style="box-sizing: border-box; outline: none; margin: 0px 0px 17px; padding: 0px; line-height: 1.8; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">In addition to weighing a push for automatic federal spending cuts that would take effect once the economy rebounds from the coronavirus crisis,&nbsp;<em style="box-sizing: border-box; outline: none; margin: 0px; padding: 0px;">Washington Post</em>&nbsp;<a href="https://www.washingtonpost.com/business/2020/05/10/top-white-house-advisers-unlike-their-boss-increasingly-worry-stimulus-spending-is-costing-too-much/" target="blank" style="box-sizing: border-box; outline: none; margin: 0px; padding: 0px; text-decoration-line: none; transition: color 0.3s ease 0s; cursor: pointer;">reported</a>&nbsp;Sunday that top White House economic officials are “exploring a proposal floated by two conservative scholars that would allow Americans to choose to receive checks of up to $5,000 in exchange for a delay of their Social Security benefits.”</font></p><p style="box-sizing: border-box; outline: none; margin: 0px 0px 17px; padding: 0px; line-height: 1.8; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">Senior administration officials have also “discussed the ‘Eagle Plan,’ a 29-page memo that called for an overhaul of federal retirement programs in exchange for upfront payments to some workers,”&nbsp; according to the&nbsp;<em style="box-sizing: border-box; outline: none; margin: 0px; padding: 0px;">Post</em>. “The proposal calls for giving Americans $10,000 upfront in exchange for curbing their federal retirement benefits, such as Social Security.”</font></p><p style="box-sizing: border-box; outline: none; margin: 0px 0px 17px; padding: 0px; line-height: 1.8;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">The “Eagle Plan” was crafted by a State Department official close to President Donald Trump’s son-in-law and senior adviser Jared Kushner, who forwarded the proposal to the White House Council of Economic Advisers. Art Laffer, a conservative economist and Trump adviser, told the&nbsp;<em style="box-sizing: border-box; outline: none; margin: 0px; padding: 0px;">Post</em>&nbsp;that he supports the proposal.</font></p><p style="box-sizing: border-box; outline: none; margin: 0px 0px 17px; padding: 0px; line-height: 1.8; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">"They’re calling this monstrous idea the ‘Eagle Plan’ but it should be called the ‘Work ‘Til You Die Plan,'”&nbsp;<a href="https://twitter.com/SSWorks/status/1259565538281492480" target="_blank" style="box-sizing: border-box; outline: none; margin: 0px; padding: 0px; text-decoration-line: none; transition: color 0.3s ease 0s; cursor: pointer;">tweeted</a>&nbsp;progressive advocacy group Social Security Works. “The only reason to support it over simply sending people $2,000/month is to undermine our Social Security system.”...</font></p><div style="background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">==</font></div>