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Max Ritchman, President and CEO of the National Committee to Preserve Social Security and Medicare: “America’s seniors understand all too well that our nation faces a retirement crisis and improving Social Security benefits is vital to keeping millions from poverty. Rep. Linda Sanchez’s ‘Strengthening Social Security Act’ makes several important improvements for seniors by: phasing out the payroll tax cap so that the wealthy pay their fair share, creating a Cost of Living adjustment for the elderly and boosting benefits for all retirees including widows/widowers. NCPSSM strongly supports this legislation and applauds Congresswoman Sanchez for doing the right thing for America’s seniors and their families.”
Related Reading:
National Committee grassroots organizer, Patrick Carroll, spoke with
Presidential Candidate Hillary Clinton at the Today Show Town Hall in NH yesterday about the future of Social Security.
With Hillary Clinton now officially running for president, progressives are upping the pressure on her to embrace their policy agenda, including the holy grail of expanding Social Security benefits. As I wrote recently, Sen. Elizabeth Warren did her part to force a discussion about expanding benefits onto the national agenda by engineering a Senate vote that won the support of nearly every one of her Democratic colleagues in late March.
via Mother Jones.
Related Reading:
Support for Expanding Social Security Grows & Right-Wingers Panic.
Tens of millions of Social Security beneficiaries will not get a raise in 2016, the government announced on Thursday…
…Max Richtman, president of the National Committee to Preserve Social Security and Medicare, said the lack of COLA will be especially harmful, because it is coupled with an increase in Medicare Part B premiums for some seniors. Those premiums are automatically deducted from seniors’ Social Security checks.
“If accurate inflation protection for seniors is truly our goal, Congress needs to adopt a fully developed CPI for the elderly,” Richtman said in a statement. “Until then, we urge Congress to act quickly to mitigate the devastating Medicare hikes headed for millions of Americans who can’t afford them.”
via Huffington Post.
Related Reading:
Today’s announcement that there will be no Social Security
cost-of-living adjustment (COLA) increase next year, for only the third
time in 40 years, means that millions of seniors who rely on their
Social Security to get by will once again find their expenses outpacing
their Social Security benefit.
Discussions about Social Security in politics and the media often focus on its role as a retirement program that provides vital protections to seniors. But the fact is that Social Security provides vital retirement, disability, and survivors’ insurance for all generations of Americans. In addition to significantly reducing senior poverty, Social Security is the nation’s largest children’s program and lifted 6.9 million Americans under age 65 out of poverty in 2014. And no generation has a greater stake in the fight to protect and expand Social Security benefits than today’s young workers, the millennial generation.
via Talk Poverty.
Related Reading:
There is a misconception that Social Security is just for “old people” when in fact, about 4.4 million American children receive approximately $2.7 billion in Social Security benefits each month because at least one of their parents is disabled, retired or deceased.
Learn more here.
Chris Christie wants to means-test it. And he, Jeb Bush, and Marco Rubio want to raise the retirement age. But most Americans hate the idea. How Hillary Clinton can capitalize.
via Daily Beast.
Related Reading:
Support for Expanding Social Security Grows & Right-Wingers Panic.
To ease the retirement crisis, Social Security benefits must be strengthened rather than cut. For that reason, the National Committee has endorsed H. Res. 393, the resolution introduced by Representatives Jan Schakowsky, Doris Matsui and Patrick Murphy which supports boosting Social Security.
via NCPSSM.
For months, conservative think-tankers who undermine the value of Social
Security, deny the existence of a national retirement crisis and the
need to boost benefits have been banging their drum for benefit cuts
especially hard. Why? Because a scarcely reported CBO report on Social Security replacement rates
(now you see why we don’t usually share these kind of stories) claimed
Americans received more in benefits than previously believed or reported
by Social Security actuaries.
via Entitled to Know.
‘We’re hopeful to come up with entitlement reform and deficit reduction plans in the first 30 days,’ said newly elected House Freedom Caucus Chairman Mark Meadows.
via Roll Call.
Related Reading:
- In the Fight for Retirement Security, It’s 2005 All Over Again… But Ten Times Worse.
- Senate
GOP leader Mitch McConnell has perpetuated the myth that
Social Security and Medicare have “driven the [national] debt,” going
so far as to call these cherished entitlement programs “the single
biggest threats to our future."