Nancy Pelosi: “I wanted to focus on one point you had made about the Republicans saying they would not touch Social Security, but what…”

“I wanted to focus on one point you had made about the Republicans saying they would not touch Social Security, but what these Medicare cuts will do. It would reduce half of the Social Security cost-of-living adjustment for millions and millions of our senior citizens. In fact, 2 million Medicare beneficiaries will have all or most of their cost of living adjustments consumed by the Republican beneficiary cost increases.”