Many progressives think Social Security cuts on the table is a dangerous move.
Even as GOP Congressional leaders say we need to cut entitlements, GOP political operatives signal they plan to attack Dems for cutting entitlements.
Obama will likely take a political hit for proposing Social Security cuts. But his budget has also put Republicans in a very bad spot.
The battle over the future of the American welfare state was not settled by today's outcome, and that fight is the crucial one.
The GOP insistence on retaining leverage over the debt ceiling means Repubs are willing to threaten to damage the whole country to get their way.
Major groups on the left won't tolerate a single additional concession of any significance on Obama's part.
A top ally of the White House says "Chained CPI" on Social Security will be very hard for many Senate Dems to support.
The devil will be in the details of the proposal to cut Social Security.