Oppose deal that includes “Chained CPI” – a backdoor benefit cut

President Obama has proposed to Speaker Boehner  a "compromise" that lowers Social Security benefits over 10 years by 3% and over 20 years by 6%. This reduction in benefits is directed at a population whose medium income for those 65 and older is less than $20,000 per year. The adoption of the Chained CPI proposed …

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Congressman Ellison Stands Against Chained CPI

Congressman Keith Ellison (D-MN) released the following statement after reports that the Chained CPI - which would lower Social Security benefits - is on the table during the so-called "fiscal cliff" negotiations. “Everyone has a grandparent, a friend or a neighbor who relies on the Social Security benefits they earned to pay for medical care, …

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Don’t Cut Social Security—Double It

From The Atlantic: As the nation tiptoes closer to the fiscal cliff, a frightening number of leaders on both sides of the political aisle seem ready to push poor, beleaguered Social Security over the edge. Not only would that be a huge mistake for the nation's future, but these leaders show a dreadful misunderstanding of …

Continue reading Don’t Cut Social Security—Double It