John,
Here’s a hard truth about fighting to protect Social Security and Medicare: If Social Security’s enemies lose, they can regroup and attack again. If we lose, we lose.
Social Security’s enemies are well-funded by Wall Street fatcats who want to extract fees off Social Security’s $2.8 trillion trust fund, and keep taxes for the ultra-rich low. We’re funded by grassroots contributions from people like you.
They’ve got money. But we’ve got people on our side.
We know how to win―but we can’t do it without you. Can you chip in to protect Social Security and Medicare from Wall Street’s bought-and-paid-for politicians?
The true bipartisan consensus in this country is in favor of expanding Social Security, never cutting it. Only 2% of Republican voters think we should cut Social Security benefits to reduce the debt.1 That’s why Wall Street politicians always try to go behind closed doors to achieve their policy goals.
During the Obama administration, we saved Social Security from the Bowles-Simpson commission.
So Wall Street’s politicians created a debt ceiling crisis, which led to the creation of a “supercommittee.” We organized and beat that too.
Just this year, Republicans threatened another debt ceiling crisis, and then-Speaker Kevin McCarthy threatened to create another closed-door commission in exchange. We organized Democrats, and we stopped it.
New Speaker Mike Johnson promised to create a commission “immediately” as his first order of business. We blocked it on two funding resolutions so far.
But now, Speaker Johnson and his right-hand man, Budget Chair Jodey Arrington, are aiming to attach their fiscal commission to the government funding bill in March. Having passed Arrington’s committee, the commission is closer to creation than it has been since the Obama era.
Rush a donation to Social Security Works and help us protect Social Security and Medicare from MAGA Mike Johnson’s fiscal commission!
Thank you,
Michael Phelan Social Security Works
1 https://www.dataforprogress.org/blog/2023/6/28/voters-overwhelmingly-oppose-the-creation-of-a-commission-to-cut-social-security-and-medicare
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