Tampa, Florida (CNN) - Most Americans believe the Social Security system needs major changes but they disagree with the characterization of Social Security as a lie and a failure, according to a new national survey.
And a CNN/ORC International poll released just a few hours after Texas Gov. Rick Perry and former Massachusetts Gov. Mitt Romney clashed over Social Security at the first-ever CNN/Tea Party Republican presidential debate also indicates that Americans are divided more on generational lines than partisan lines when it comes to the longtime government program for retirees.
(CNN) - Responding to Texas Gov. Rick Perry's labeling of Social Security as a "Ponzi scheme," Vice President Joe Biden said in a CNN interview the governor needed to check his facts.
"He should go back and find out who Ponzi was," Biden told CNN's John King in an exclusive interview to air Monday night. "It was an individual in a different deal, but no it's not a Ponzi scheme. It is secure through 2036 and to fix is not hard."
Tampa, Florida (CNN) - A battle over Social Security between the top two contenders in the race for the GOP nomination that started at last week's presidential debate doesn't show any signs of quieting down, and a first ever CNN/Tea Party Republican debate Monday night in Florida could serve as the setting for round two in the clash.
And the debate, being held at the Florida State Fairgrounds, will give the six other candidates on the stage an opportunity to change the dynamics of what many are currently portraying as a two-person race between Texas Gov. Rick Perry and former Massachusetts Gov. Mitt Romney.
On Monday, Sept. 12th, CNN will broadcast the "Tea Party Republican Debate," live from Tampa, Florida at 8 p.m. ET. Follow all the issues and campaign news leading up to the debate on CNNPolitics.com and @cnnpolitics on TwitterFULL STORY
Washington (CNN) - Rep. Michele Bachmann, R-Minnesota, defended Social Security on Friday, continuing what has become a steady drumbeat of Republican presidential hopefuls differentiating themselves from Texas Gov. Rick Perry's position on the program.
In an interview with CNN's John King, Bachmann characterized the program as "a safety net that many Americans have paid into their whole life."
NEW YORK (CNNMoney) - Rick Perry is not a fan of Social Security - or is he?
The Texas governor and 2012 presidential candidate wrote in his 2010 book "Fed Up!" that the program is a "crumbling monument to the failure of the New Deal" that has been wrongly assigned a "mythical notion of salvation."
NEW YORK (CNNMoney) - Social Security payments aren't the only federal lifeline that could grind to a halt if the debt ceiling impasse continues beyond Aug. 2.
The federal government supports myriad safety net programs, such as unemployment insurance, tuition grants, food stamps, child care subsidies and housing assistance. That's not to mention the nation's massive health insurance programs: Medicare and Medicaid.FULL STORY
Washington (CNN) – A day after the so-called "Gang of Six" released its deficit reduction plan, criticism from the left began to grow.
"We are an anti-gang group," quipped Congressional Black Caucus Chairman Emanuel Cleaver, D-Missouri, at a news conference on Wednesday. "We are trying to suppress the growth of gangs. We think that it is not healthy for Washington."
NEW YORK (CNNMoney) - President Obama issued a broadside Tuesday in the debt ceiling debate, saying in a high-profile interview that he cannot ensure government benefits - including Social Security - will be paid if Congress fails to act.
"I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue. Because there may simply not be the money in the coffers to do it," Obama told CBS News.FULL STORY
Washington (CNN) - Congressional Democrats, frustrated that President Obama is including entitlement changes in debt negotiations, pushed back Friday, insisting they will not support any benefit cuts to Medicare or Social Security.
They also reminded the White House it should heed their concerns if it wants to get Democratic votes necessary to pass any agreement.
Washington (CNN) - Social Security and Medicare will run short of funds earlier than expected, according a report released Friday by the programs' trustees.
What's the significance? Your answer, at least in the halls of Congress, apparently depends on your party affiliation.FULL STORY