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The Bernie Buzz update: Strengthen Social Security
Max Richtman of the National Committee to Preserve Social Security & Medicare delivers 2 million signatures of Americans opposed to Social Security cuts to Sen. Bernie Sanders on Capitol Hill.https://#
Stacks of petitions signed by 2 million Americans opposed to cuts in Social Security benefits were delivered to the Capitol this week as Sen. Bernie Sanders introduced new legislation to expand benefits and strengthen the program for generations to come. Social Security is the most successful government program in our nation's history. Through good times and bad, Social Security has paid out every benefit owed to every eligible American, Bernie said. The most effective way to strengthen Social Security for the future is to eliminate the cap on the payroll tax on all income above $250,000 so millionaires and billionaires pay the same share as everyone else.
Under current law, someone making millions of dollars a year pays the same amount in payroll taxes as someone making $118,500 a year. Bernie's bill would subject all income over $250,000 to the payroll tax, a move that would impact only the top 1.5 percent of wage earners. Asking the wealthiest Americans to contribute their fair share to Social Security could extend the solvency of the program through 2060 and allow benefits to be expanded for millions of Americans. At a time when more than half of the American people have less than $10,000 in savings and senior poverty is increasing, we should not be talking about cutting Social Security benefits. We should be talking about expanding benefits to make sure that every American can retire with dignity, Bernie said.
Video Watch Bernie on MSNBC
http://www.sanders.senate.gov/newsroom/video-audio/save-social-security?utm_source=target&utm_medium=email&utm_content=Headline+IMG+featured&utm_campaign=Target:+Millions+Oppose+Social+Security+Cuts+03-14
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The Bernie Buzz update: Strengthen Social Security (Original Post)
Jefferson23
Mar 2015
OP
Go Senator Sanders! Always there for the people. No cuts to Social Security, or privatization for
appalachiablue
Mar 2015
#1
appalachiablue
(41,171 posts)1. Go Senator Sanders! Always there for the people. No cuts to Social Security, or privatization for
Wall Street banksters to gamble with, as they've wanted for decades and almost happened under Bush 43 in 2005. Heaven help us. Leave it alone, and lift the cap already! Thanks for the post Jefferson. Great President, TJ and the name my grandfather an uncle also had.
Jefferson23
(30,099 posts)3. You're most welcome! n/t
stage left
(2,966 posts)2. The People's Senator.
We need a lot more of them.
hopemountain
(3,919 posts)4. keeping his eyes on the prize
and his nose to the grindstone for the american people.
Cha
(297,645 posts)5. Thanks to geek for this link.. and thank you, Jefferson for the Bernie Buzz update!
Here's the cross link..
geek tragedy http://www.democraticunderground.com/10026367987
Jefferson23
(30,099 posts)6. Thank you, Cha..I had not seen that thread. n/t
Cha
(297,645 posts)7. YOu're Welcome, J
KoKo
(84,711 posts)8. K&R!