Keep the Promise. Americans oppose cutting benefits earned by middle-class families. The Chained CPI isn’t a “tweak” it’s a benefit cut America’s retirees, veterans and the disabled simply cannot afford.
The National Committee has joined forces with veterans and disability organizations to call on Congress to say NO to Chained CPI.
CALL TODAY: (800) 998 – 0180
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#politics #barack obama #budget #veterans #disabled #social security #chained cpi #president #entitlements“If news reports today are correct, President Obama will soon renege on his commitment to keep Social Security out of the deficit debate, ignoring his campaign promise to millions of Americans that he would protect vital middle class programs like Social Security. By including a proposal in his 2014 budget to change the current cost of living allowance formula to a stingier and less accurate Chained CPI, the President has suggested an immediate benefit cut of $130 per year for the typical 65-year old retiree that would grow exponentially to a $1,400 cut after 30 years of retirement.
Contrary to the political spin, this chained CPI proposal isn’t a “tweak” or an “adjustment,” it’s designed to cut benefits and raises taxes, largely on the poor and middle class, totaling $208 billion over ten years. $127.2 billion of those benefits cuts come from Social Security with about $24 billion coming from VA benefits and civilian and military retirement pay cuts. Seniors will have received an average COLA of 1.3% over 4 years with no increase in two of those years. Arguing that is too generous shows how out of touch Washington is with the real-world economic realities facing average Americans. Adopting the chained CPI is nothing more than a political sleight of hand targeting our nation’s middle class and poor.
This budget is also reported to include more means testing in Medicare and less than half the new revenue requested in earlier budget negotiations. The President’s budget is not the balanced plan promised to Americans before November’s election and will leave millions of middle-class families in even worse shape than they are today.”…Max Richtman, NCPSSM President/CEO
Max Richtman Discusses the President’s Budget and Chained CPI on Fox News:
NCPSSM President and CEO, Max Richtman discusses the President’s Budget and the Chained CPI on Fox News. The Chained CPI is a Social Security benefit cut affecting seniors, veterans, and the disabled.
Harkin, as well as some speakers expressed frustration with President Barack Obama’s previous push to change the way the government determines the yearly increases in social security benefits.
The Chained CPI is a cut to Social Security and will affect seniors, veterans, and the disabled.
Good News For Social Security Beneficiaries…For a Change. - Entitled to Know.
Obama drops Social Security cut. - The Hill.
Obama hands progressives a win on Social Security. - Chicago Sun-Times.
Obama budget proposal to drop Social Security cuts. - Reuters.
Feeling pressure from the left, Obama backs off of Social Security cuts in budget. - Washington Times.
Obama Budget to Delete Proposal to Limit Social Security. - Bloomberg.
White House drops chained Consumer Price Index for Social Security. - Daily Kos.
Obama’s Budget Drops Big Social Security Cut. - Fire Dog Lake.
GOP’s Social Security disaster: Conservatives just lost their chance to cut benefit. - Salon.
Chained CPI Out of Obama Budget! Victory for the New Populists. - Huffington Post.
How John Boehner Spared Democrats Their Own Civil War. - National Journal.
The President’s budget plan ignores his statements made during and after the election that Social Security should not be used to cut the deficit and also his promises for a balanced fiscal approach that wouldn’t target middle-class Americans. In truth, President Obama’s budget will cut $127.2 billion in Social Security benefits by adopting the stingier Chained CPI and further means testing in Medicare. It also raises less than half the new revenue offered in previous proposals.
American workers have paid into Social Security all their lives. The Chained CPI cuts benefits to Social Security which will affect seniors, veterans, and the disabled.
Tell your Member of Congress to oppose the Chained CPI.
Max Richtman, President and CEO of the National Committee, wrote a letter to President Obama concerning the Chained CPI - a benefit cut to Social Security- being a part of deficit reduction debates when it should not be.
View the full letter here or by click the graphic above.
It’s official, President Obama has proposed cutting Social Security benefits. The Chained CPI is in his 2014 budget.
Please re-blog to get the word out!
In last year’s budget, President Barack Obama raised the ire of liberal groups by proposing a technical change to the way Social Security benefits are calculated. A year later, an aide wouldn’t say if the measure, known as chained-CPI, will be in Obama’s forthcoming budget for the 2015 fiscal year.
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
