Tying Our Social Security Benefits to the Debt Ceiling is WRONG! Our Benefits SHOULD NOT BE Held Hostage!
H.R. 3423, “The Social Security Commission Act” is designed to tie Social Security REFORM (which means cuts to our benefits) with the government’s “debt ceiling” increase.
I’m very concerned because many on Capitol Hill are trying to tie the Debt Ceiling negotiations with “Reforming” Social Security!
Social Security is not a hostage – nor is it a bargaining chip! Social Security is a sacred promise made to millions of hard working Americans who spent a lifetime earning our benefits by paying taxes so that one day (TODAY) our benefits would be there for us.
For Congress to tie a routine debt ceiling increase with OUR Social Security benefits, while simultaneously “fast tracking” H.R. 3423, IS OUTRAGEOUS!
President Trump repeatedly said that he didn’t want to cut Social Security, our earned and promised benefits – the income Seniors and Retirees like us depend on. President Trump said it was his intention to leave Social Security as it is. But the experts are projecting that in as little as 12 years Social Security will not be able to pay out full benefits to Seniors and Retirees unless something is done to shore up the program.
That “something” is called “reform” and it frightens me that Congress is now tying a routine debt ceiling raise with a special “Social Security Commission” whose goal is to reduce our benefits!
Will the President stand up to lawmakers proposing cuts to our benefits? Will Seniors and Retirees demand Congress VOTE NO on H.R. 3423?
Not knowing what will happen to Social Security is something that keeps me up at night, and I’m sure you have been anxious as to what will likely happen to our retirement income, especially since Congress just short-changed us (AGAIN) and found a way to make our annual COLA a miserable 0.3% back in January – only about $3 per month!
We OPPOSE H.R. 3423 “The Social Security Commission Act” and any other schemes that create Social Security REFORMS that will cut our benefits.
Politicians would never describe one of their “reform” plans as a Social Security benefit cut.
They wouldn’t dare say that. They know as soon as they mention “benefit cuts” they will lose the support of a large and powerful voting block of Seniors and Retirees.
That’s why they’re calling this Bill “the Social Security Commission.” But the goal of this commission is to enact reform proposals and that means – Social Security benefit cuts!
HERE’S ARE JUST SOME OF THE REFORMS ALREADY BEFORE CONGRESS:
• Raising the full Retirement Age from 67 to 69. Those under 62 today are targeted. This reform keeps Seniors from their benefits for an additional 2 years.
• The Social Security Administration to begin using the Chain-Weighted CPI (instead of the CPI-E) to determine Social Security COLAs for Seniors in 2018. This is the worst possible method for determining the proper cost of living adjustment, even worse than what was used this year. This reform keeps Seniors from getting their correct benefit amount.
• NO COLAs for Seniors and Retirees if their adjusted gross income exceeds $85,000 (single) or $170,000 (joint). This reform is what’s called “means testing” — it is designed to deny Seniors their earned and promised Social Security benefits because “they’re too well off.”
Seniors and Retirees cannot afford to sit back, wait, and see what happens with the negotiations in Congress over the debt ceiling… especially when the measures being discussed could have life-long, devastating effects on our income.
The Seniors Group for Social Security (SGSS) will not be satisfied with ANY BENEFIT CUTS – and we STRONGLY OPPOSE any measures that will “reform” our benefits.