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Reducing Social Security COLAs Is a Big Benefit Cut for Current and Future Beneficiaries

We've told you about "chained" CPI and that it's a benefit cut and a "stealth" tax hike for working people. It's time to spread the word. 

New reports on the lame-duck Congress say that House Speaker John Boehner is pushing for Republican benefit cuts, including lowering the Social Security COLA (cost of living adjustment). Other Republicans are asking for a hike in the Medicare eligibility age, which is also a cut. In fact, raising the Medicare eligibility age costs $2 for every $1 saved.  

Working people from all over the country are calling on Congress to stop giving tax cuts to the wealthiest 2% and to reject any benefit cuts to Social Security, Medicare and Medicaid. 

Learn more at

Share this graphic below from the National Committee to Preserve Social Security and Medicare, which explains why adjusting the Social Security formula to a "chained" CPI is harmful for seniors and future recipients. The "chained" CPI appeared in the Bowles-Simpson plan, which many in Washington like to tout is a "balanced" approach. Nothing could be further from the truth. 

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