Monday, April 8, 2013

No cuts to social security - Austerity is bad economics

Democratic
Socialists
of America
April 8, 2013


Take urgent action to tell President Obama: “Hands Off Social Security, Medicare and Medicaid.”

Now is the moment for action. There is a rumor - a leak - that as a sop to Republicans Obama will propose using the "chained CPI" to cut Social Security benefits as well as cuts to Medicare and Medicaid in his soon-to-be announced budget proposal.

Tell the President and Congress:
"Do not use the "chained CPI". That is simply a cut to future Social Security benefits that people have earned in full. If you need revenues, introduce a financial transactions tax and lift the cap on income subject to the Social Security tax. Do not cut Medicare and Medicaid. People's lives depend on them. For savings move to Medicare for All; save by cutting excessive private insurance executives' salaries, profits, useless advertising, and lots of paperwork."
Or call this number: (202) 456-1111
Contact your Congressperson as well as Democratic leaders Pelosi and Reid.

For an analysis of how the chained CPI would cut desperately needed benefits to seniors, the disabled, veterans, federal government retirees and others, see the Campaign for America's Future talking points at: http://www.ourfuture.org/fact-sheets-briefs/2013020608/case-against-shackling-seniors-chained-cpi

See prior post by Robert Reich 

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