Via The Stand: (Nov. 2) — AFL-CIO President Richard Trumka recently warned of a debt-reduction deal called the “grand bargain” that’s being negotiated behind closed doors in Washington, D.C., and could be voted upon during the lame-duck session immediately following the election. He said this grand bargain “boils down to lower tax rates for rich …
Tag: social security
WA citizens pushing back against Social Security attacks
The 2012 Social Security Trustees’ report confirms Social Security is well-financed, with a reserve of $2.7 trillion. But you wouldn’t know it from the chorus of “bad news” headlines, so here are the facts: Without any Congressional action at all, full benefits can be paid until 2033, at which point Social Security would still be …
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The simple Social Security fix no one wants to talk about
One change could eliminate the long-term shortfall, promote tax equity and allow a modest benefit increase now The 2012 Social Security Trustees' Report shows the nation’s most important and popular social insurance system is on sound financial footing for at least another generation. With $2.7 trillion in its trust fund, Social Security can pay full …
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Social Security Works - Washington 