social security chained cpi
A pair of House Republicans have a new bill that would spare the military from sequestration by cutting the Social Security benefits of many Americans who already experience painful federal budget cuts.
Many senior citizens are already finding services and benefits reduced under sequestration, which has cut programs like Meals
But the House Ways and Means Committee, which oversees Social Security and is led by Rep. Dave Camp (R-Mich.), said the policy
Chained-CPI Supporters Believe This Year's Tiny Social Security Cost of Living Adjustment (COLA) Is Too Generous
No one is getting rich from Social Security. Social Security beneficiaries have little flexibility in their household budgets. They paid into Social Security throughout their working lives, and have earned a COLA that should keep their benefits at pace with inflation.
In every successful struggle there's a time to celebrate a hard-fought victory. When it comes to Social Security, this is not that time.
We must stand up for our seniors and veterans -- in New York and across the country -- and urge our lawmakers to reject any cuts to the benefits on which they rely, including raising the retirement age or slashing cost of living adjustments.
Democratic Sen. Elizabeth Warren, the only Massachusetts senator serving a full term, also co-sponsored the Harkin resolution
Begich is taking the cause a step further, announcing two new bills last week aimed at protecting Social Security benefits
Seventy-seven million baby boomers have entered or are approaching retirement. Social Security will make up the bulk of the income most of these seniors will have at their disposal. As our private retirement system continues to underperform and Medicare premiums rise, cutting Social Security COLAs based on a false premise is bad policy.
The president is asking Congress to change the way cost of living adjustments are determined so corporations, Wall Street financiers, and others in the top 10 percent don't see an income tax increase, closure of tax loopholes, or reduced income deductions.
The bipartisan deal we should be seeking would leave Social Security and veterans' benefits and taxes alone and cut the bloated Pentagon budget instead.
President Obama is an old hand at absorbing attacks from his left flank. He got plenty of incoming hostility Wednesday during
While the inclusion of the proposal should perhaps not be "shocking" -- it's long been on offer on the White House's website
President Barack Obama unveiled a budget proposal on Wednesday morning that would switch tax brackets and Social Security
"Those who say the chained CPI won't make much of an impact are either hopelessly dense or just plain deceitful," O'Neill
It's time to think the unthinkable: The leader of the Democratic Party is about to submit a budget which cuts Social Security benefits. Party officials are reportedly promoting candidates with no track record on key issues and no apparent interest in politics.