Cutting Social Security and Not Taxing Wall Street

By Dean Baker, from the Huffington Post As we move toward the fifth anniversary of the great financial crisis of 2008, people should be outraged that cutting Social Security is now on the national agenda, while taxing Wall Street is not. After all, if we take at face value the claims made back in 2008 …

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AK Senator Begich Announces Plan to Make Social Security Fair and Dependable

From Sitka News: U.S. Senator Mark Begich (D-AK) introduced his three-point plan to strengthen Social Security today at a roundtable discussion with Alaska organizations that are likely to feel the effects of President Obama’s recent budget proposal to cut Social Security benefits. “There are responsible ways to cut the budget without hurting our seniors,” said …

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Chained CPI a gimmick we’ll all pay for

Via USA Today, by Duncan Black: The switch to chained CPI wouldn't just reduce benefits, including Social Security and Veterans' benefits, but could also impact future federal tax rates paid by most people. Various news reports have stated that the Obama administration plans to include cuts to Social Security benefits in its budget proposal. What is less …

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