My brother David has always had the special spark in our family.
Like our two older brothers, David served in the military. When he got out, he started a small business—and when that one didn't work out, he started another one. He couldn't imagine an America where he wasn't living by his wits every single day.
While more than 2 million people signed a petition that was delivered to President Obama today urging him not to cut Social Security, Medicare or Medicaid and to abandon a " chained" CPI formula, hundreds more have left photo messages for the president.
President Obama will hear a straightforward and simple message from more than 2 million people today responding to reports that his budget will include cuts to Social Security and Medicare :
The ' Chained' CPI is a benefit cut to a program that does not contribute to the deficit. Do not barter it away in the name of deficit reduction. Stand strongly against all cuts to Social Security, Medicare and Medicaid.
Yesterday the AFL-CIO learned President Obama's budget will cut Social Security and Medicare benefits for working families. The so-called "chained" CPI will cut Social Security benefits and middle-income seniors (people who made $47,000 a year and more) will be asked to pay higher Medicare premiums.
In his most recent column , Economic Policy Institute President Lawrence Mishel demolishes arguments in favor of "chained" CPI, which is often offered in grand bargain negotiations, saying it is nothing more than a way to explain away cuts to the program.
The "chained" CPI cost-of-living formula—which would result in a painful cut in benefits for Social Security recipients—was touted as good policy by White House National Economic Council Director Gene Sperling in an "Ask Me Anything" Reddit chat yesterday.
Today, AARP is asking working families to call Congress to tell their elected legislators they oppose the "chained" CPI that would cut Social Security benefits.
Let's be clear, the "chained" CPI is a Social Security benefit cut. The younger you are, the bigger the benefit cut .
AARP has a handy new calculator that helps you calculate how much you lose if Congress enacts a "chained" CPI. The tool also calculates veterans' benefits.
Another Republican- manufactured fiscal crisis is fast approaching and it threatens the fragile economic recovery with the automatic, across–the-board sequestration budget cuts scheduled to kick in on March 1. Republicans have indicated they will block any attempt to stop the sequester unless there are benefit cuts to Social Security, Medicare and Medicaid.
But a majority of House Democrats late last week signed a House Progressive Caucus letter to President Obama opposing benefit cuts to Social Security, Medicare and Medicaid.
The "chained" CPI is a Social Security benefit cut (not an innocuous "adjustment"), and the majority of voters understand this, with 55% opposing this policy proposal.
A new poll, Strengthening Social Security: What Do Americans Want? from the National Academy of Social Insurance (NASI), highlights working people's opposition to benefit cuts, including the "chained" CPI, which reduces the cost-of-living adjustment (COLA).
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