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Armstead Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-16-11 04:00 PM
Original message
Bernie Sanders and several Democrats propose bill to protect Social Security
Edited on Wed Mar-16-11 04:12 PM by Armstead
http://sanders.senate.gov/newsroom/news/?id=5ab6026c-1067-4237-a81b-73975141a9f9
Press Release
Defend Social Security Bill Proposed by Bernie Sanders

March 15, 2011

WASHINGTON, March 15 – Sen. Bernie Sanders (I-Vt.) today introduced legislation that would safeguard Social Security, the most successful and reliable federal program in our nation's history.

“For 75 years, through good times and bad, Social Security has paid out every nickel owed to every eligible American. That’s an extraordinary record, all done at a very modest administrative cost,” Sanders said.

Sanders was joined at a Capitol Hill press conference by cosponsors of his bill to shield Social Security from efforts to cut benefits or raise the retirement age. Opponents of Social Security have falsely blamed the retirement program for driving up deficits.

“Let us also be very clear,” Sanders said. “Social Security has never contributed one dime to the federal budget deficit or the national debt. In fact, Social Security currently has a $2.6 trillion surplus that is projected to grow to $4.2 trillion in 2023. It is absurd, therefore, to be discussing Social Security within the context of deficit reduction.”

Sanders’ bill would require extraordinary majorities in Congress to approve any reduction in benefits. “Congress should not be able to cut the hard-earned Social Security benefits of current or future eligible recipients without a two-thirds vote by the Senate and the House,” Sanders said.

Rep. Anthony Weiner (D-N.Y.) introduced the same measure in the House. “Social Security is an intergenerational contract that has never been broken. The GOP has pledged to attack its very foundation. This bill would arm us for the coming battle,” Weiner said.

Sanders and Weiner were joined at the press conference today by Sens. Barbara Mikulski (D-Md.), Barbara Boxer (D-Calif.), Sherrod Brown (D-Ohio) and Richard Blumenthal (D-Conn.).


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Video of Press Conference Here:
http://www.youtube.com/watch?v=iFT2x2yo6GM&feature=channel_video_title
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Scuba Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-16-11 04:04 PM
Response to Original message
1. Go Bernie, go!!!!!
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alstephenson Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-16-11 04:06 PM
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2. Thanks, Senator Sanders.
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jillan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-16-11 04:09 PM
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3. Thank you Bernie! Weiner! Mikulski, Boxer, Brown and Blumenthal - you are true patriots!
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Jmaxfie1 Donating Member (707 posts) Send PM | Profile | Ignore Wed Mar-16-11 04:11 PM
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4. Give'em Hell Bernie! n/t
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brightertomorrow Donating Member (57 posts) Send PM | Profile | Ignore Wed Mar-16-11 04:25 PM
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5. That man gives me hope
In a world where there doesn't seem to be enough of it these days.
And a great big thank you to those helping him fight for the cause of the good of the people.
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old mark Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-16-11 04:27 PM
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6. K&R- Bernie for President!...nt
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