Speaker Pelosi offered the following on-the-record response to the post below, by way of denying that she is backing off her opposition to the proposal presented yesterday by the chairmen of the President’s Fiscal Commission:
“Any viable proposal from the President’s Fiscal Commission must achieve the goals of reducing the deficit, promoting economic growth, and preserving Social Security. This proposal does not meet those standards.”
Will she be OK with it in the end?
“I will have to see what is in the final draft,” she says.
An aide says she is not going to take a public position on which elements of the current proposal she would support or oppose, including raising the Social Security retirement age, doing away with the child tax credit or other elements of the chairmen’s proposal.
See below for my analysis of the political safe ground for Democrats on this issue.