Today is the big day. Here's the info you need if you hear someone repeating Wall Street talking points at a barbecue. Can you chip in $4 to keep the movement strong?
John,
There are two kinds of people who want to cut Social Security—paid liars, and people who believe the lies.
They’ve heard the Wall Street-funded talking points. “Social Security is going broke.” “Social Security won’t be there for me when I retire.” “The only way to save Social Security is to cut benefits.”
It’s a load of bull. Social Security is an all-American success, and this Fourth of July, we’re standing together to fight BACK.
Can you chip in $4 for the 4th to help us fight these Wall Street-funded lies?
Social Security Works and our members have led the fight to change the conversation. But even still, even many of my family members don’t believe that Social Security will be there when I’m ready to retire.
It’s time to set the record straight. This 4th of July, this is what I’m going to say when my misinformed relatives ask me about Social Security. These are the facts Wall Street doesn’t want you to know:
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Social Security has a $2.8 trillion surplus and can pay out every benefit owed to every eligible person for the next decade. After that, even if we do nothing, it will pay out 89% of benefits owed for the next 25 years.
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As long as people are working, there will be money going into Social Security, which means it can pay benefits.
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Social Security has never contributed one penny to the deficit because it is independently funded by the FICA payroll tax.
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Most proposed “tweaks” to Social Security―raising the retirement age, means testing benefits, or using the Chained CPI―would hurt seniors, disabled veterans and people with disabilities.
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All we need is for millionaires and billionaires to start paying into Social Security at the same rate as the rest of us and we not only extend the life of Social Security, but we can expand benefits to the majority of Americans.
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In fact, the majority Democrats in Congress have co-sponsored a specific Social Security expansion bill, which would increase benefits and extend Social Security’s solvency into the 22nd century!
The shift that we are seeing is a direct result of your hard work.
Together we have rallied and educated the American people around protecting and expanding our earned benefits. But, while we have made significant strides, we are not at the finish line yet. On this 4th of July, please support Social Security Works with a donation of $4 to help us keep spreading the facts!
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This year we can end the constant Wall Street drum beat of benefit cuts and replace them with the American people’s call for expanding benefits.
Please, donate to Social Security Works today to grow our national campaign to expand, never cut, Social Security!
Thanks for all that you do.
Michael Phelan
Social Security Works
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Who We Are
Social Security Works leads the fight every day to expand and protect our Social Security system. Become a member today.
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The Truth About Social Security
From SSW's President, Nancy Altman, this book uses the words of the people who built our Social Security system to debunk myths and reveal the truth about the most popular and successful government program in our nation's history Order your copy today!
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Contact [email protected]
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