Cuts in Social Security - WSJ.com

I thought it was the Republican's who wanted to end Social Security.

Cuts in Social Security - WSJ.com


Social Security Cuts Weighed by Panel

A White House-created commission is considering proposals to raise the retirement age and take other steps to shore up the finances of Social Security, prompting key players to prepare for a major battle over the program's future.

..The panel is looking for a mix of ideas that could win support from both parties, ...In addition to raising the retirement age, which is now set to reach age 67 in 2027, specific cuts under consideration include lowering benefits for wealthier retires and trimming annual cost-of-living increases, perhaps only for wealthier retirees, people familiar with the talks said.

Work More, Get Less
Ideas for shoring up Social Security

Raise the retirement age.

Reduce the rate at which benefits grow each year.

Reduce benefits for wealthier retirees.

Subject a greater portion of income to Social Security tax.

Raise the Social Security payroll tax, now 6.2% for employer and employee.
....

The fact they are actually looking at the problem would seem to be good, but the Obama followers will not do anything but waste a lot of money and paper on a report. Social Security will collapse, it's not a question of if but when We need to move younger people off SS, move towards a mandated "IRA/401k" that shields the money from politicians. The last points is the reason it won't happen as far as I can see. Politicians (of both parties) like the money and power.