“Chip in”? Fix the Debt’s corporate and billionaire backers - now including JetBlue - are actually proposing lower tax rates for corporations like JetBlue and millionaires like Barger, while at the same time encouraging cuts to Social Security and Medicare benefits.
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#politics #fix the debt #social security #medicare
Center for Media and Democracy recently published a great source of information on the group ‘Fix the Debt’. They expose the real motives behind Fix the Debt’s campaign to protect their tax breaks by cutting Social Security & Medicare retirement benefits for seniors, veterans, and the disabled.
More Proof that “Deficit Reduction” is Really Just Code for Social Security & Medicare Cuts:
The Congressional Budget Office’s new budget projections show that despite the sky-is-falling crisis calls made by Wall Street backed austerity fanatics like: Fix The Debt, Bowles-Simpson and the rest of the Pete Peterson funded anti-Social Security brigade, our deficit is now the smallest it’s been since 2008.
Read more here.
Fix the Debt, which appears to share funding as well as staffing with other Peterson-funded groups, is a corporate CEOs’ club which actively lobbies against Medicare and Social Security while saying nothing about defense spending - a position that is not surprising, since the group is dominated by defense contractors who make billions from taxpayer-funded contracts.
Fix the Debt, which appears to share funding as well as staffing with other Peterson-funded groups, is a corporate CEOs’ club which actively lobbies against Medicare and Social Security while saying nothing about defense spending - a position that is not surprising, since the group is dominated by defense contractors who make billions from taxpayer-funded contracts.
According to JP Morgan’s own financial disclosure the Too Big To Fail bank has decided to use its massive wealth and power to promote cuts to entitlement programs for current and future senior citizens. The group “Fix The Debt Coalition” received $500,00 from JP Morgan.
More on ‘Fix the Debt’ here.
What do you do when the vast majority of Americans, of all ages and political stripes, disagree with you? If you’re part of the well-financed anti-Social Security, Medicare lobby, you simply spend a portion of your billion dollar investment on a massive nationwide advertising campaign designed to convince Americans that cutting middle-class benefits is as American as…let’s see…McDonald’s hamburgers.
America’s real problem isn’t grandma and grandpa. According to our nation’s wealthiest CEO’s and Wall Street millionaires, the solution to our economic woes is to convince America’s young people that Social Security won’t be around for them. It’s classic case of dodge and deflect – divide and conquer politics.
Campaign to Fix the Debt, with former Senators and officials…with a chart.
That “we have to destroy it to fix it” approach is most evident in the Wall Street and CEO arm of the anti-entitlement lobby called Fix the Debt and bolstered by the Business Roundtable.
Read more here.
Fix the Debt is attacking Social Security, Medicare, and other vital government programs in the name of “deficit reduction” – while at the same time pushing deficit-busting tax cuts for its wealthy and powerful backers.
On this date in 1990, President George H.W. Bush signed the #ADA into law — making it easier for older Americans and others with #disabilities to get around at home, participate in their communities, and go to work. #ADA31
