Michael Phelan @ Social Security Works [source: email@example.com]:
"Five years ago, when the mainstream media
said "everybody knows Social Security benefits will be cut soon," we
fought back. When they insisted that expanding Social Security was a
fringe issue that nobody should take seriously, we fought back. The
fight continues, but I want you to see how far we have come.
Over the last couple of days, 115 of the 188 Democratic members of
the House and 42 Democratic Senators have voted to support expanding
Social Security benefits. Just before recessing this morning, the
entire Senate was put on record on how they plan to handle the future of
Social Security. And these votes hold major implications for 2016 and beyond.
During a marathon budget “vote-a-rama,” two important Social Security amendments were offered. Senator
Bernie Sanders (I-VT) offered an amendment protecting all Americans
against cuts to Social Security benefits. And around 2:30 in the morning, Senator Elizabeth Warren (D-MA) offered an amendment advocating for the expansion of Social Security.
Every Democratic Senator who was present but two voted to expand
Social Security. Every Democrat but one voted against all cuts.
In sharp contrast, no Republican voted to expand Social Security.
The Democratic Party has apparently re-discovered what they stand for: Shared
economic prosperity; a secure retirement future; and a strong social
safety net to keep millions of veterans, children, and disabled workers
from falling into poverty.
Together we have moved nearly the entire Democratic caucus from cuts to expansion. This is a monumental moment in our fight to protect and expand Social Security’s modest benefits.
Right now, the average annual Social Security benefit is just $14,000. These
earned benefits are crucial to over 59 million Americans, two-thirds of
whom rely on Social Security for the majority of their retirement
income. It lifts more than twenty million Americans -- including
more than a million children -- out of poverty each year. And it lessens
the depth of poverty for millions more. It provides a floor of economic
protection under our nation's workers and their families.
But this hasn’t stopped the Republican Party from launching an all-out attack on our earned Social Security benefits. Since
day one of the new Congress, Republicans have been manufacturing phony
crises and promoting policies that benefit their friends on Wall Street
instead of protecting the retirement security of millions of hardworking
Americans. They want us to believe that Social Security is going broke
and won’t be there for future generations.
The truth is that Social Security has a $2.8 trillion surplus,
can pay out every benefit owed to every eligible American for the next
18 years and approximately 80% of benefits owed after that. And all we
need to do is ask the very wealthy to start paying their fair share and
we can not only extend the lifespan of the Social Security trust fund,
we can expand benefits for millions of Americans.
These votes have major
implications for 2016 and beyond providing the American people with a
clear alternative to the Republican Party’s dangerous policies of cuts
If Social Security expansion becomes the number one issue in the
upcoming presidential race, it is going to make for a very interesting
Blogger Bob's thoughts: Heh, Cook has his military and Assembly pensions, tri-care and Cal-Vet benefits--what does he care? The race to the bottom has got to end soon because when the vets and retirees hit it, there will be little to nothing left to bail them out.