Wednesday, August 28, 2013

Social Security Safety Blanket

Campaign for America's Future manager@ourfuture.org via bounces.salsalabs.net
9:42 AM (11 hours ago)
to me
Campaign for America's Future
Friend: This generation's chance to build Social Security is here. Where are you?
Friend:
The middle class is shrinking and our private pension system is failing. But we still have Social Security, right?
Sort of. If you or someone you love relies on their earned benefits, you know how difficult it is to maintain a decent standard of living on Social Security.

We can do better.

Senator Tom Harkin has introduced a bill that says no to those who want to cut Social Security — and actually increases benefits by several hundred dollars a year. That may not seem like much, but for many Americans that's the difference between independence and poverty.
This bill won't harm the deficit. It pays for itself by making the wealthy pay the same Social Security tax rate as you and I. It's fair, modest and will actually build the trust fund.
Sincerely,

Roger Hickey
Co-Director, Campaign for America's Future

Saturday, April 6, 2013

Today, most seniors rely on Social Security for 2/3s of their income or more. Cutting Social Security will keep many of us from paying for necessities as we age. These cuts are an even bigger threat to the disabled and veterans, who would face the COLA cut for 30, 40 years or more. For example, a severely disabled, unmarried veteran who claims Veterans Disability Compensation benefits today at age 30 would experience a cumulative cut of $60,121 by age 65 and $144,189 by age 85