On the Chopping Block: Social Security, Medicare and Medicaid

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-- indexing Social Security benefits to life expectancy to reduce them as longevity increases;

-- eliminating annual cost-of-living adjustments, bogusly claiming inflation is overstated, especially for retirees facing costly medical expenses;

-- instituting a one-year payroll tax holiday for workers and employers to save $650 billion, supposedly to be replenished from future general revenues; in fact, it's a way to help kill Social Security as discussed below;

-- sharply cutting Medicare and Medicaid benefits;

-- simplifying the tax code to two brackets (15 and 27%), favoring the rich;

-- eliminating home mortgage and most other deductions and credits;

-- taxing employer provided health insurance; and

-- instituting a 6.5% national sales tax, hitting ordinary people hardest.

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