Dear PFAW Member,
Each pay period, workers pay into the social security fund so that they will have money when they retire – it’s a universal social safety net for retired employees. Now, Donald Trump's administration wants you to forfeit your future social security benefits for cash benefits now, placing your retirement at risk. While the administration has no problem finding billions to bailout corporations without increasing tax rates or asking them to pay their fair share, they're asking regular people to forfeit their future security.
If Republicans are comfortable taking on debt to offer $500 billion to bailout corporations during the coronavirus without raising their tax rate or asking them to pay their fair share, why are they comfortable asking working people to chip away at their retirement funding to keep the economy afloat? Regular people cannot be taken advantage of by being asked to sacrifice their future social security benefits for a bailout today.
During a once-in-a-lifetime crisis like this pandemic, it is crucial that Congress not risk our health and economy for another reckless corporate giveaway, either now or tomorrow.
Social Security is popular because it is a simple, universal benefit. Everyone pays in, and everyone earns benefits. The Trump administration is seeking to achieve a long-term right-wing goal to chip away at its universal promise. This new plan is untenable and a fundamental threat to our social safety net.
Thank you for your advocacy. Wishing you and your family health and safety!
In community,
Charlie, PFAW
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