Three members of New York City’s congressional delegation have signed on to a letter vowing not to back any White House bargain to avoid the $85 billion in automatic budget cuts known as the sequester that includes cuts to Social Security and Medicare. Both parties have been at an impasse over the cuts with Democrats favoring debt reduction through tax increases and Republicans wanting spending cuts. President Barack Obama has repeatedly expressed a desire to make a deal ahead of the March 1 deadline that includes both tax increases and proposals to reduce the costs of social programs. Now, Congressmen Jerry Nadler, Jose Serrano and Nydia Velazquez have all signed the pledge promising not to back any deal including the compromises being called for by the White House.

“Social Security, Medicare, and Medicaid are the great bedrocks of our middle class society and, together, constitute an essential safety net for millions of Americans,” Mr. Nadler said. “I will fight like hell against any deficit plan that cuts these programs or fails to address our immediate jobs problem. It is unconscionable for Republicans to ask those who can least afford it – seniors, kids, our most vulnerable families – to sacrifice even more and shoulder a disproportionate burden. I do not support anydeal that cuts Social Security, Medicare or Medicaid benefits.” Read More