news


May
31

 WASHINGTON -- Former Sen. Alan Simpson (R-Wyo.), a leading voice in the argument over the future of Social Security, has agreed to debate progressive critics who argue that the program can be reformed and strengthened without reducing future benefits.

Click to read the full article on Huffington Post.

Mar
28

Congressmen Jim Cooper (D-TN) and Steven LaTourette (R-OH) are leading the charge for an alternative budget that envisions enacting the proposals of the Bowles-Simpson Fiscal Commission and the Rivlin-Domenici Task Force. However, both of these groups proposed significant cuts to the Social Security benefits that Americans and their families depend on.

Mar
21

"You know you can't count on Social Security."

For years, that's been the scare-tactic pitch of unscrupulous investment brokers, annuities hawkers and their friends in Congress as they tried to peddle retirement deals to people reluctant to part with their money. The phrase has been repeated so often that it's become an article of faith for many who are still years away from collecting their checks.

Click here to read the full article in the Los Angeles TImes.

Mar
01

 Anyhow, among other things, Romney called for fixing part of the long-term Social Security imbalance by raising the retirement age. Then, in an effort to make a human connection with his audience, he mentioned that his wife has two Cadillacs and, really, that was pretty much the end of the day.

Click here to read the complete article in the New York Times.

Feb
17

 WASHINGTON -- Sen. Tom Harkin slammed his own president and party for hatching the payroll tax cut deal that is expected to pass Congress Friday, saying he's "embarrassed" the Democrats are pushing a measure that begins the "unravelling of Social Security."

Click here to read the full article in the Huffington Post.

Jan
18

For three decades, conservatives' proposals for dramatic changes to the programs have reflected a divide-and-conquer strategy inspired by the Leninist movement.

Jan
18

As we approach budget time we can look forward to another burst of hand wringing by the Washington elites, who will once again tell us about the need to cut Social Security and Medicare. News stories and opinion columns will be filled with solemn pronouncements about how these programs must be curtailed before they drive the nation to bankruptcy.

Jan
18

Where do the Republican candidates stand on Social Security and Medicare? The answer is important, because the next president — Democrat or Republican — will inherit the call for changes in those programs to whittle federal spending.

Nov
29

Yesterday Thom Hartmann and I discussed the proposal to extend and expand what Democrats have called the 'payroll tax holiday.' (Video is below.) There are no heroes in this debate, but there are certainly villains. There are several different ways this could end - and most of them aren't good.

Nov
29

Here is something we all can agree on: Federal deficits are a serious problem.

Here is something few can seriously dispute: Today’s big deficits were caused mainly by big tax cuts for the wealthy, two unpaid-for wars, a horrible recession caused by Wall Street greed and an expensive prescription drug program rigged to favor pharmaceutical companies.

Here is something we should not agree to do: Cut Social Security, Medicare and Medicaid benefits.

 

Nov
29

Today’s National Day of Action, called by Rebuild the Dream, the Alliance for Retired Americans and embraced by members of the Occupy movement, took an unlikely turn on Capitol Hill, as working and retired Americans joined together to tell lawmakers not to balance the budget on the backs of the 99 percent, as a joint congressional committee has threatened to do through proposed cuts to Social Security, Medicare and Medicaid.

Nov
29

What to do about those FICA contributions, aka payroll taxes, now that the supercommittee has blown up? Last Christmas the Obama administration handed workers a special gift—a one-year holiday from paying their payroll taxes, which as most workers know fund their Social Security retirement benefits and disability and survivor’s benefits, should they need them later on. The year is up.

Nov
18

Days after the tents were ripped out of Zuccotti Park in New York, hundreds of Americans brought the fight for the 99% to the nation's capital on Thursday with a "Wake-Up Congress" rally calling for the Super Committee to support "Jobs, Not Cuts" to key social programs. Senator Barbara Mikulski (D-MD) fittingly called it "#OccupyTheSuperCommittee."

Click here to read the full blogpost at Huffington Post.

Nov
14

Seniors groups said Thursday they are pleased the latest Democratic supercommittee offer does not contain cuts to Social Security.

The groups have been working with the AFL-CIO to target supercommittee Democrats in their home states for putting entitlement cuts on the table.

Earlier in the supercommittee talks, Democrats had proposed changing the way inflation is calculated. This would increase tax revenue but also cut Social Security benefits.


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