Congressman Jason Altmire is supporting Republican efforts to undermine social security by reducing the social security payroll tax, which goes to savings, instead of the income tax which goes to spending. This will undermine the trust fund’s stability, and justify the Republican’s demand to cut benefits.
Please call Altmire’s office and demand “Hands off Social Security.”
Join us for a noon vigil on Wednesday December 15th.
See the two articles below by Sen. Bernie Sanders and by the National Committee to Preserve Social Security.
by Senator Bernie Sanders
President Obama is right about one thing — Republicans in Congress are holding the middle class hostage.
We have a $13.8 trillion national debt, a collapsing middle class and the most unequal distribution of wealth of any major country. With all this in mind, Republicans in Congress say they will block tax cuts to the middle class and block unemployment benefits to more than two million families unless the President gives huge tax cuts to millionaires and billionaires.
Their behavior is morally bankrupt. It is reprehensible.
But instead of challenging the Republicans for their absurd demands and their outrageous tactics, the President gave them virtually everything they wanted.
I cannot and will not support this deal. I will do everything I can to uphold the promise made to the American people to end the Bush tax cuts for the rich.
One of the most under-reported parts of this deal is a cut to the Social Security payroll tax. In just one year, over $120 billion of revenue will be cut from Social Security under the President’s compromise plan, weakening the program and virtually guaranteeing benefit cuts in the future.
Continue reading Altmire and Republicans Weaken Social Security with Tax Deal