Back in 2012 during Grand Bargain mania, a lot of alternative budgets were floating around. If you read this blog you probably know about the Simpson-Bowles budget, and so there were some budgets to the left of that like the Progressive Caucus budget, and budgets to the right like the nutty Republican Study Committee budget and the more mainstream conservative Cooper-LaTourette budget.
The Cooper-LaTourette budget had the backing of an array of Pete Peterson-funded astroturf groups like the Concord Coalition and Fix the Debt, while the center-left Center on Budget on Policy Priorities panned it as “significantly to the right of Simpson-Bowles” – a framework that progressive lawmakers and activists have broadly rejected for cutting Social Security and Medicare benefits.
The AFL-CIO said of Cooper-LaTourette in an action alert:
Yesterday I defended Allyson Schwartz’s voting record on Social Security, but it turns out I was wrong as she was one of just 22 House Democrats to vote for Cooper-LaTourette.
I reached out to the Schwartz campaign for comment on the vote, but seeing as Allyson Schwartz advertised the Concord Coalition’s praise for her vote on her House page, I’m guessing she’d stand by it.
The Concord Coalition doesn’t think that Senator Mark Begich’s Preserve and Protect Social Security Act is a politically acceptable way to reform Social Security, because it lifts the cap on taxable earnings. Senator Begich’s plan reduces the deficit, increases benefits, and repairs Social Security’s fund balance for 75 years by raising the taxable earnings cap, and indexing benefits to CPI-E – an inflation index that is more sensitive to the prices of things seniors buy. The Concord Coalition only favors one kind of deficit reduction – cutting Social Security and public insurance benefits.
That’s three organizations now – Third Way, New Democrats, and Concord Coalition – that Allyson Schwartz is aligned with whose modi operandi is selling out progressives by cutting bad deals with Republicans on Social Security, public insurance benefits, and regulatory policy.