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Happy Birthday, Social Security
The following is cross-posted from the AFL-CIO Now blog. Thanks to the AFL-CIO and Jackie Tortora.
Happy 77th birthday, Social Security.
Edward F. Coyle, executive director of the Alliance for Retired Americans, says the group will celebrate Social Security's birthday by reminding members of Congress to keep their promise to workers and thanking those who consistently fight against benefit cuts.
How ironic that just as seniors celebrate Social Security’s birthday, Mitt Romney has named in Paul Ryan a running mate who wants to decimate the program.
Romney and Ryan aim to cut Social Security dramatically even though it is self-funded and has not added one dime to the deficit. Rep. Ryan has wanted to privatize it since at least 2005. The Romney-Ryan plan would raise the retirement age and turn Social Security over to Wall Street, where it would be subjected to the whims of the stock market.
Social Security: Just the Faces
Anti-social insurance lawmakers like Ryan, consistently use rhetoric and false information to scare people into thinking Social Security "is in crisis," in hopes they will accept benefit cuts like raising the retirement age or changing the cost-of-living adjustment (COLA) formula to a less generous index (Chained CPI).
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