Progressives campaigned aggressively to remove the chained CPI cut of Social Security benefits from this year’s federal budget because they view the document as rhetorical as well as practical.
Great news! The AP just reported that the chained CPI will not be in President Obama’s budget. This is a victory for populists who want politicians to fight for the majority of real Americans facing tough economic realities.
Why is whether President Obama will reprise the "chained CPI" Social Security cut in his 2015 budget even an open question? Truth is, motives don't matter. What we know for sure is that it is still an open question.
David Sirota this week broke the story that conservative financier John Arnold, who is on a campaign to dismantle state public pension programs, has given $3.5 million to PBS to finance a series on "The Pension Peril."
Democratic voters have been pleading with the president for years not to cut Social Security. Now the pleas are coming from Democratic senators. You can’t blame them. They could lose over this issue.
Last week a judge ruled that Detroit could move forward with its plan to cut pensions for retired city workers. This week Washington is celebrating a budget deal that harms older people. When did old people become The Enemy?
Credit goes to progressives who made calls, signed petitions and showed up at rallies to tell Congress to not cut Social Security and Medicare as part of any budget deal. "You all stood up and backed them down."
As long as politicians are bought and paid for, organizations like ALEC will have dangerous influence over the legislation that effects us all. It's time to put an end to the corporate control of Congress once and for all.
Congress is again fighting over the budget with Republicans demanding cuts in federal employee benefits. Is this really about the budget? Or is it about destroying government? Meanwhile hundreds of billions of taxes owed remain uncollected.
USA Today offers the latest entry in the race to punish public-sector workers for successfully retaining the benefits that used to be broadly available to private-sector workers.
This week Sen. Elizabeth Warren of Massachusetts gave an important speech in which she joined a small but growing cadre of American leaders committed to building, rather than cutting, Social Security.
On the Senate floor, Sen. Elizabeth Warren placed the Social Security debate in the context of a broader “retirement crisis” for the middle class, and condemns The Washington Post for pitting seniors against hungry children.
Fix the Debt is ghostwriting for college students, their latest move to pretend to represent America's youth. Previously, they were caught paying dancers to participate in a pro-austerity flashmob and paying for petition signatures.
We helped deliver a petition to House Budget Committee chairman Rep. Paul Ryan signed by more than 700,000 people calling for "no grand bargain in exchange for Social Security, Medicare and Medicaid cuts."
The budget conference committee meets this week to hammer out a "bipartisan compromise," before kamikaze conservatives” pull the economy into another nosedive. CBO Director Doug Elmendorf has some advice:
Just a reminder here that the Grand Bargain was not conceived as a "deal" between the Republicans and Democrats to cut the "entitlements" in exchange for some "revenue." That's the "Balanced Approach" set forth by the President in the 2012 campaign.
On Wednesday, a panel discussion and press conference were held to examine Social Security’s role in in the retirement income crisis. An overwhelming majority of Americans believe that Social Security benefits should not be cut.
It is a bit worrying that the White House has to explain virtually every day now that just because it sounds like White House officials and the president are putting entitlements on the chopping block doesn't mean they really are doing it.
An early glitch in the collection of Social Security wage problems stoked a panic that millions wouldn't get their checks. Like most problems with new programs, it got fixed.
Ruth Marcus fills us in on what constitutes "reasonable" now that the Republicans have proven themselves asses with their government shutdown. And, you guessed it, it's time for Democrats to compromise and agree to cut "entitlements."
The right-wing American Legislative Exchange Council has jumped into the conservative effort to dismantle public pension systems in a big way. So has TIAA-CREF, which markets the kind of plans that ALEC wants states to move to.
In 12 weeks our new system of government-by-crisis will resume: more threats, more confrontations, more extreme rhetoric. This can only play out a few ways, most of which involve Medicare and Social Security cuts.
Remember in 2009, when Jim DeMint said health care reform would be President Obama's Waterloo? Four years later, defunding health care reform became the GOP's Alamo. But Republicans aren't done damaging their party, or the rest of the country, yet.
This Thomas Friedman column is so bad,you have to read the whole thing to experience the full horror of it. It reads like something the messaging shop at Fix the Debt put together to sound like Thomas Friedman.
In the wake of our report on the effort to undermine public pensions, David Sirota writes in Salon about an organization created by John Arnold poised to lead an attack in California that could damage workers nationwide.
Wall Street and their Washington hired hands are the big advocates of a “Grand Bargain” to end the government shutdown, but it turns out that for America's working families, the Grand Bargain is a Grand Bamboozle.
It's nice to think that you can plan everything properly, make the right decisions, be smart, be successful. But you just don't know when life is going to toss you a curve ball that sets you off on a totally different course.
President Obama's “no negotiations” posture only applies to the debt ceiling, and his budget still includes the “chained CPI” cut. Republicans are still railing against the programs they call “entitlements.” They're all looking for a deal.
Even in the lazy days of summer, there are troubling signs that a "Grand Bargain" could still wind up cutting Social Security benefits. This is no time to be complacent. We need activism on this issue, now more than ever.