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Showing blog posts tagged with Social Security

Here's a Jaw-Dropping Statistic on the Retirement Security of Black and Latino Workers

Photo of National Committee to Preserve Social Security and Medicare (NCPSSM) Activists.

We've heard of the looming retirement security crisis, but this statistic is extremely sobering: The majority of black and Latino workers (62% and 69%, respectively) do not own assets in a retirement account. This is from a new report by the National Institute on Retirement Security released this week.

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Talking Turkey: How to Talk Jobs and Economy with Your Conservative Uncle at the Thanksgiving Table

Photo courtesy martha_chapa95

You know you aren't supposed to do it. But you know you're going to. Talk about politics over the holidays. It's hard to avoid it and you know your uncle who worships Rush Limbaugh and runs Fox News 24/7 is going to be armed with conservative talking points. Here's your handy guide to quick responses and facts use when you hear those talking points about issues important to working families.

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CEOs: 'Retirement Security Is Great for Me, but Not for You'

CEOs: 'Retirement Security Is Great for Me, but Not for You'

A new report from the Center for Effective Government and the Institute for Policy Studies shows that two groups of corporate CEOs pushing for cuts to Social Security benefits, such as the "chained" CPI, personally have massive retirement plans. They also have allowed massive deficits to grow in their employees' pension funds. While these CEOs—members of the Business Roundtable and the Fix the Debt Coalition—sit on retirement funds most people couldn't even dream of, they have hurt their own employees' retirement security and are looking to do the same for people who don't even work for them.

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Warren: There IS a Retirement Crisis

Contrary to what The Washington Post and the billionaires who are trying to cut Social Security by pitting young people against seniors say, the nation does face a retirement crisis and Social Security doesn’t need to be cut. It must be—and can be—strengthened, said Sen. Elizabeth Warren (D-Mass.) in a powerful speech on the Senate floor Monday.

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Hey, Congress, Cut It Out

Hey, Congress, Cut It Out

We need a budget that helps, not hurts, working people, protects Social Security, Medicare and Medicaid from benefit cuts, invests in our infrastructure and creates jobs by raising revenue from Wall Street and the wealthiest 1%. Repealing tax subsidies for sending jobs overseas, for example, would generate $583 billion over 10 years.

Take the pledge to call your elected representatives on Dec. 12 and demand a budget deal for working families.

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What Did 700,000 People Tell Paul Ryan on Wednesday?

What Did 700,000 People Tell Paul Ryan on Wednesday?

On Wednesday afternoon, several retirees and working family activists visited Rep. Paul Ryan's (R-Wis.) office to deliver more than 708,000 signatures on a petition to the House Budget Committee chair, telling him there should be "no grand bargain in exchange for cuts to Social Security, Medicare, and Medicaid benefits." Ryan was not present and his staffers would not allow those with cameras into the office. Instead, a staffer came out into the hallway and accepted the petitions.

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5 Reasons Millennials Should Support Strengthening, Not Cutting, Social Security

As Congress continues to negotiate over the federal budget to avoid another government shutdown, plenty of politicians and special interest groups are actively trying to influence the outcome.

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Time's Running Out for Congress to Act on Vital Issues

Time's Running Out for Congress to Act on Vital Issues

With the end of the legislative session looming, here’s a look at some of the key working family issues still on the congressional agenda. See the issues after the jump.

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10 Quotes on Social Security from Members of Congress Who Care About Your Retirement

10 Quotes on Social Security from Members of Congress Who Care About Your Retirement

Social Security is the healthiest part of our retirement security system, and protecting and improving Social Security benefits is the best solution. This was the consensus of working families’ advocates and members of Congress at a conference held yesterday by Social Security Works and a coalition of organizations. Among the key proposals suggested by representatives and senators were increasing the monthly Social Security benefits and eliminating the cap on the amount of income people pay Social Security taxes on (currently set at $113,700). 

Check out the 10 Social Security quotes from the conference after the jump.

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Smallest-Ever Social Security COLA Still too Big for 'Chained' CPI Backers

Smallest-Ever Social Security COLA Still too Big for 'Chained' CPI Backers

Next year, the millions of Social Security recipients will see the smallest cost-of-living adjustment ever—just 1.5% or about $19 a month. If the politicians—and their billionaire friends who don’t want to pay the same taxes workers do—who are pressing hard for the "chained" CPI benefit cut had their way, the adjustment would be even smaller than 2014’s historic low.

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