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Social Security Should Be Enhanced, Not Cut, Elizabeth Warren Tells Senate
Social Security Should Be Enhanced, Not Cut, Elizabeth Warren Tells Senate
"On the issue of the Chained-CPI, which Obama is reportedly advocating for, The Nation figures that a conservative estimate indicates that the CPI would "take $15,615 in cumulative benefits from the average senior who lived to 95."
But Warren is going much further and debunking the whole notion that seniors living on $1,269 a month are the major contributors to the deficit as compared to the tax breaks and loopholes that have led to the massive redistribution of national revenue to the top 1 %.
In a news release on Warren's senate website, she issued a clarion call to save our elderly from poverty imposed by the "conventional wisdom" of shifting the nation's financial assets to a privileged few:
“With tens of millions of people more financially stressed as they approach retirement, with more and more people left out of the private retirement security system, and with the economic security of our families unraveling, Social Security is rapidly becoming the only lifeline that millions of seniors have to keep their heads above water,” Senator Warren said. “And yet, instead of taking on the retirement crisis, instead of strengthening Social Security, some in Washington are actually fighting to cut benefits…
"So long as these problems continue to exist and so long as we are in the midst of a real and growing retirement crisis – a crisis that is shaking the foundations of what was once a vibrant and secure middle class – the absolute last thing we should be doing is talking about cutting back on Social Security. The absolute last thing we should do in 2013 – at the very moment that Social Security has become the principal lifeline for millions of our seniors – is allow the program to begin to be dismantled inch by inch.”
Social Security Should Be Enhanced, Not Cut, Elizabeth Warren Tells Senate
Is this finally the voice of sanity ringing in DC?
Who do you trust?
Is she the voice of the 99%?
Social Security Should Be Enhanced, Not Cut, Elizabeth Warren Tells Senate
"On the issue of the Chained-CPI, which Obama is reportedly advocating for, The Nation figures that a conservative estimate indicates that the CPI would "take $15,615 in cumulative benefits from the average senior who lived to 95."
But Warren is going much further and debunking the whole notion that seniors living on $1,269 a month are the major contributors to the deficit as compared to the tax breaks and loopholes that have led to the massive redistribution of national revenue to the top 1 %.
In a news release on Warren's senate website, she issued a clarion call to save our elderly from poverty imposed by the "conventional wisdom" of shifting the nation's financial assets to a privileged few:
“With tens of millions of people more financially stressed as they approach retirement, with more and more people left out of the private retirement security system, and with the economic security of our families unraveling, Social Security is rapidly becoming the only lifeline that millions of seniors have to keep their heads above water,” Senator Warren said. “And yet, instead of taking on the retirement crisis, instead of strengthening Social Security, some in Washington are actually fighting to cut benefits…
"So long as these problems continue to exist and so long as we are in the midst of a real and growing retirement crisis – a crisis that is shaking the foundations of what was once a vibrant and secure middle class – the absolute last thing we should be doing is talking about cutting back on Social Security. The absolute last thing we should do in 2013 – at the very moment that Social Security has become the principal lifeline for millions of our seniors – is allow the program to begin to be dismantled inch by inch.”
Social Security Should Be Enhanced, Not Cut, Elizabeth Warren Tells Senate
Is this finally the voice of sanity ringing in DC?
Who do you trust?
Is she the voice of the 99%?