Representative Cardenas telling the audience that we cannot allow Social Security to be privatized.
For video from this event, please click here.
See more posts like this on Tumblr
#politics #seniors #social security #medicare #p2 #retirement #retirees #retirement crisis #entitlements #entitlement reform #older americans #congressMore you might like
When a candidate promises to “save these programs for future generations” by raising the retirement age, raising the Medicare eligibility age, privatizing Social Security, changing the COLA formula and means-testing Social Security while exempting near retirees what they’re actually saying is: “We know seniors vote so we’ll protect them now and slash future benefits for their children and grandchildren instead.
via Entitled to Know.
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:
Rather than acknowledge our national retirement crisis and propose policy prescriptions to improve the ability of average Americans’ to save for retirement and boost benefits for Social Security and Medicare, policy proposals of most of the Republican Presidential candidates do just the opposite – cut benefits and shift more costs to middle-class families.
Max Richtman via Entitled to Know.
In a New Hampshire speech, New Jersey’s GOP governor proposed an overhaul of Social Security, Medicaid and Medicare that would reduce benefits for some retired seniors, eliminating them entirely for individuals with income over $200,000 and raising the retirement age to 69.
via NJ Today.
This isn’t anything new. Christie is very vocal when it comes to earned benefits.
Related Reading:
However, some conservatives in Congress insist that relief for programs like the Older Americans Act be paid for by cutting Medicare and Medicaid. This budgetary sleight-of-hand could trade partial relief for some seniors’ programs by cutting other essential health security programs like Medicare and Medicaid, thus further eroding the tenuous economic situation many older Americans face.
Max Richtman via Huffington Post.
Deficit hawks likely will pressure the White House to accept cuts in Social Security and Medicare for future retirees, protecting those already retired or close to it. Their political goal will be to defang public opposition, since younger workers tend not to focus much on retirement when it is several decades away.
But that approach is not going to work. Retirees and their advocacy groups will fiercely resist cutting benefits down the road, because they understand the critical importance of Social Security and Medicare benefits. They also care about the future retirement of their own children. And numerous polls show that the public opposes benefit cuts - a view that is common across all demographic groups and political affiliations.
via Reuters.
Related Reading:
- New Poll Shows Majorities Do Not Support GOP Proposals for Social Security and Medicare.
- In the poll of likely voters, 79% favor increasing Social Security
benefits — and funding that increase by having wealthy Americans pay
the same rate into Social Security as everyone else. Seventy-seven
percent oppose raising the Social Security retirement age to 69, and a
whopping 93% favor allowing Medicare to negotiate to bring down the
price of prescription drugs.
The future of Social Security is shaping up to be a major contention in the 2016 presidential campaign and women, who depend more heavily on the system, have much at stake.
“Social Security is often women’s only asset,” said Sylvia Allegretto, a labor economist…
Eleanor’s Hope
To alleviate the retirement crisis, the National Committee to Preserve Social Security and Medicare launched a national initiative in October to modernize the Social Security system. Called Eleanor’s Hope, in honor of first lady Eleanor Roosevelt who championed passage of the Social Security Act in 1935, the initiative takes a comprehensive long-range approach to reflect women’s contributions as breadwinners as well as family caregivers.
In addition to public retirement credits for people who take time off from paid employment to serve as family caregivers and for retirees who have worked in low-wage occupations, the plan also calls for strengthening the Social Security cost-of-living allowance and boosting benefits of all current and future beneficiaries.
via Womens E-News.
Related News:
…Here we are, eleven years later, facing another existential threat to our health and retirement income security. But this time the threat is worse, the peril more palpable. The millions of workers, retirees, the disabled and their families who depend on Social Security and Medicare have cause for grave concern.
More on this issue here.
Social Security is indispensable for many of our nation’s retirees, who depend on the program for retirement security. But for the 65 million people on Social Security, there will be no annual raise in their benefits in 2016.
via NJ.com.
Related Reading:
No COLA Increase for Millions of Seniors.
No Social Security COLA Increase + Massive Medicare Hike for Millions.
The conservative argument that the retirement crisis is a myth has been based on the notion that Americans actually will have far more in retirement resources than they recognize — particularly that Social Security benefits will amount to a much larger percentage of workers’ lifetime income than has been assumed. Ergo, there’s no need to expand Social Security to give retirees more.
via Los Angeles Times.