Via Washington Policy Watch: A lot of hay has been made over a recently-released Fiscal Commission proposal for reducing the federal deficit. The plan, developed by co-chairs Erskine Bowles and Alan Simpson, includes several dramatic policy proposals like increasing the Social Security retirement age, cutting the defense budget, major changes to the federal tax code, …
You can help stop cuts to Social Security
Last week, the co-chairmen of the National Commission on Fiscal Responsibility and Reform released their draft proposal for closing the budget deficit. The proposal, which took direct aim at Social Security recipients, included another increase in the retirement age and reductions to annual cost-of-living adjustments. According to the Social Security Chief Actuary, these changes will …
Social Security Works for Bette Reed
"As a working mother with limited income, we stretched every penny that came into the house to cover the immediate needs of keeping our family afloat. So there was no luxury of putting money aside for retirement. So in retirement, we rely completely on Social Security." As a single mother, Bette Reed of Seattle understands …