House GOP-led Social Security Cmtee Proposing to Cut Benefits for Current Seniors, Veterans and the Disabled!

Draft legislative language released by the House Social Security Subcommittee last night would cut benefits for millions of middle-class and poor Americans still struggling in this economy by adopting a new formula to calculate cost of living adjustments.  Read more about the

Heritage vs. Heritage: Major Immigration Report Released Today Directly Contradicts Its 2006 Study

— by Igor Volsky  On Monday, the Heritage Foundation published a widely panned study arguing that comprehensive immigration reform that allows undocumented immigrants to earn citizenship would cost taxpayers $6.3 trillion, as the population will take advantage of an array of government programs, including, Social Security,

In the News—What I’ve Been Reading

Dean Baker | Economists and Future Living Standards Dean Baker, Op-Ed: At this point everyone has heard the story of how Social Security and Medicare are going to bankrupt our children. There is a whole industry dedicated to promoting the idea that

Yes Indeedee, It’s Confirmed: GOP ‘IS’ Out of Touch

GOP Report Shows Party is Out of Touch With Americans on Threats to Democracy: Money in Politics and Voter Suppression The Republican National Committee released a report on Monday reviewing its losses in the 2012 election cycle and laying out a roadmap

Will ‘Compromise’ Mean Sacrificing Our Social Safety Net?

— by Robert Reich, former Labor Secretary under President Bill Clinton Disturbing reports that the White House is already caving on Social Security and Medicare — telling Republicans it’s willing to cut yearly inflation adjustments to Social Security (thereby stranding seniors who

Fixing the Budget by $6.2T over 10 years

— by Connect the Dots USA on Facebook Instead of attacking struggling seniors, veterans, children and the working poor by slowing the inflation growth rate of an average $1,200/month Social Security check, shifting more healthcare costs to 65 and 66-year-olds and their employers, or slashing

Bernie Sanders: The People Have Spoken

As I’m sure you are aware, there is currently a major effort being waged by Wall Street CEOs, Republicans and some Democrats to do deficit reduction on the backs of the middle class and working families. This could mean, among other things,

A Pension Deficit Disorder

Beware of wealthy CEOs who are lecturing the rest of us about tightening our belts. By Scott Klinger While America’s CEOs are fretting about the government’s so-called "fiscal cliff," millions of American workers face a financial disaster that gets much less media