Social Security is once again under attack, just as it was under George Bush in 2005.
Alan Simpson (R-WY), the Republican co-chair of the National Commission on Fiscal Responsibility and Reform, gave away the game in a nasty, sexist letter to the Older Women's League when he called it "a milk cow with 310 million tits."
Simpson and other commission members want to cut benefits, raise the retirement age, and push working Americans into private accounts that could become worthless in a Wall Street second.
In Congress, the House Progressive Caucus is leading the fight to protect and strengthen Social Security. Please urge your Senators and Representative to join them.
Dear Representative,
I adamantly oppose any cuts in Social Security, including benefit cuts, raising the retirement age, or privatization.
Former Senator Alan Simpson (R-WY), the Republican co-chair of the National Commission on Fiscal Responsibility and Reform, gave away the game when he called it "a milk cow with 310 million tits."
Social Security is funded entirely by working Americans and their employers. It takes no money from the Treasury and has no impact on the national debt. By 2023, Social Security will have a $4.3 trillion surplus; it can pay 100% of benefits until 2037 and 75% of all benefits thereafter. All projected shortfalls can be readily fixed without cuts.
For 75 years, Social Security has been a promise to the American people that if they work hard and pay their fair share, they will have a financially secure retirement. Social Security benefits are often the only source of income helping families maintain a decent standard of living. Social Security's benefits are modest, averaging less than $13,000 a year, but they are vital to the vast majority of Americans who receive them.
In 2008, Wall Street greed destroyed trillions in private retirement savings, making Social Security even more essential for retirees. Diverting any Social Security funds to Wall Street would inevitably lead to disaster.
Social Security is a promise between generations that must not be broken. As my Representative, I urge you to strengthen Social Security, not cut it.
