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Showing blog posts tagged with Social Security

Majority of House Dems Oppose Benefit Cuts for Social Security, Medicare, Medicaid

Majority of House Dems Oppose Benefit Cuts for Social Security, Medicare, Medicaid

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.

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Call Congress Today: Stop Manufactured Fiscal Showdown

Don’t forget today is the National Call-In Day to tell Congress to stop another manufactured fiscal crisis that would put the fragile economic recovery in jeopardy and cost as many as 1 million of America's workers their jobs.

Call 888-659-9401 and tell your lawmakers:

  • Protect Social Security, Medicare and Medicaid from benefit cuts.
  • Repeal the “sequester” and close loopholes for Wall Street and the wealthiest 2% of Americans instead

Your voice needs to be heard because the automatic, across-the-board budget cuts in sequestration are scheduled to kick in on March 1.

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Join Us Feb. 14 in National Call-In Day to Stop Fiscal Showdown Déjà Vu

Join Us Feb. 14 in National Call-In Day to Stop Fiscal Showdown Déjà Vu

Do you want to protect Social Security, Medicare and Medicaid from benefit cuts? Do you want to close tax loopholes for the wealthy and corporations so they pay their fair share? Do you want to stop another Republican-manufactured fiscal crisis that would imperil the fragile economic recovery and cost as many as 1 million of America's workers their jobs?

Then join us in a National Call-In Day to Congress and tell your lawmakers:

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Working Families Rally to Oppose Cuts to Social Security, Medicare and Medicaid

Photo by Kenneth Quinnell.

More than 1,500 people rallied Tuesday on Capitol Hill in support of working families and to tell Congress not to make any benefit cuts to Social Security, Medicare and Medicaid. They also told Congress to close tax loopholes for big corporations and the wealthiest 2% and to prevent the sequester from going into effect and harming the country. Throughout the rally, working families spoke with a unified voice calling for "jobs, not cuts."

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Seniors and Veterans Tell Honeywell: 'Pay Your Taxes'

Seniors and veterans showed up at a "Fix the Debt" event in New Hampshire to tell Honeywell CEO David Cote that if he really wants to fix the debt, he should have Honeywell pay its fair share of taxes. Cote is one of a number of wealthy corporate leaders in the "Fix the Debt" coalition, which advocates for cuts to benefits like Social Security and Medicare and is pushing for lower corporate taxes. Advocates for working families and their allies point out that many of the "Fix the Debt" companies engage in loopholes to avoid paying their fair share of taxes.

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Rich Are Getting Richer and It's Hurting Social Security's Finances

Photo courtesy of the Alliance for Retired Americans.

While media pundits raise faux concern every time the Social Security trustees release their annual report, falsely declaring the program is in dire trouble—even though the future modest funding shortfall can easily be fixed by scrapping the cap—it's important we take a look at a major factor in Social Security's finances: rich people. 

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Sen. Whitehouse: Use $1 Trillion in Tax Reform to Stop Sequestration

Sheldon Whitehouse. Photo courtesy of the United States Senate.

In just a few weeks, the nation will be facing yet another manufactured fiscal crisis when a series of harsh across-the-board federal spending cuts in education, defense and all government operations go into effect unless Congress repeals them. 

Known as “sequestration,” economists say these cuts would imperil the fragile economic recovery and cost as many as 1 million of America's workers their jobs. Yet Republicans are making threats to let those cuts take effect on March 1 unless Social Security, Medicaid and Medicare benefits are cut or drastic cuts are made to vital services.

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Austerity Plans and 'Bowles-Simpson' Are Bad Policies for the Economy and Working Families

Austerity Plans and 'Bowles-Simpson' are Bad Policies for the Economy and Working Families

Working families aren't fooled. There's nothing "fair and balanced" about the Bowles-Simpson budget plan that would ultimately increase unemployment, cut Social Security benefits, tax workers’ health benefits and scapegoat federal employees while giving more tax breaks for sending jobs overseas and lowering tax rates for Wall Street and the wealthiest 2%. Yesterday, Rep. Kurt Schrader (D-Ore.) introduced an amendment to H.R. 444, that would direct President Obama to follow the budget recommendations of Erskine Bowles and Alan Simpson, known as the Bowles-Simpson plan. 

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Levin Calls for End of Corporate, Hedge Fund Tax Loopholes

As Congress gets ready for “Round 2” of the Fiscal Showdown—yet another manufactured budget crisis that will unfold during the month of March and over the course of this year—Republicans are resisting proposals to make this crisis go away once and for all by closing tax loopholes for Wall Street and the richest 2% of Americans.

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New Poll: America's Workers Soundly Reject Social Security Benefit Cuts

Photo courtesy of the National Committee to Preserve Social Security and Medicare.

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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