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“BREAKING NEWS: McCain “we can’t win an argument that has Social Security for seniors versus taxes for the rich.”

“CPI has to be off the table because it’s not a winning argument to say benefits for seniors versus tax breaks for rich people,” said Sen. John McCain (R-Ariz.). “We need to take CPI off the table — that’s not part of the negotiations — because we can’t win an argument that has Social Security for seniors versus taxes for the rich.”

“There’s a realization that in spite of the president’s apparent endorsement of a chained CPI that that proposal deserves more study,” said Sen. Susan Collins (R-Maine). “My guess, based on what Democrats are saying is that that reform would not happen during this stage of the negotiations.”

A Democratic aide, informed of the reversal from a proposal that Senate Minority Leader Mitch McConnell (R-Ky.) had offered late Saturday — which included the Social Security cut — took it as a hopeful sign.

“Well, that’s some progress,” said the aide, who was granted anonymity due to the sensitivity of the talks.


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