Please sign our Emergency Petition today [link removed] SIGN Our Emergency Petition to
the Senate Now! [link removed] DearJohn, Senator Mitt Romney's (UT) dangerous "TRUST Act" (S. 2733), [link removed] which could lead to severe cuts to Social Security, has just gained new life. That's because it's found a willing new host in Senate Majority Leader Mitch McConnell's next coronavirus relief legislation. And as Senator McConnell suddenly finds new concern for mounting deficits, even though they've been caused in large part by decades of reckless tax policies that benefit the very wealthy, we can expect to see more attacks on Social Security.
As we've written before, the "TRUST Act" would establish a "Rescue Committee" for Social Security and set up a fast track process that could easily lead to devastating cuts to reduce earned benefits, including a raise in the retirement age, and put older Americans on a pathway toward poverty. And now opponents of Social Security in both the House and Senate are using the coronavirus pandemic as an excuse to resurrect this dangerous idea to create a commission that could lead to devastating cuts to our nation's most popular social insurance safety net program.
In fact, a bipartisan group of 60 House members has just released a letter to the House leadership in support of the "TRUST Act." In response, the National Committee has sent a letter of rebuttal [link removed] cosigned by other senior advocacy groups demanding that lawmakers oppose this reckless bill.
That's why I'm asking you to <a alt="Click Here to Sign Our Petition" href="[link removed]" name="trust_act_pet" style="text-decoration: underline; color: #004D96; text-align: left;" title="Click Here to Sign Our Petition" ><strong><u>please sign our Emergency Petition addressed to your U.S. Senators — urging them to reject any coronavirus relief legislation that includes Senator Romney's "TRUST Act!"</u></strong></a>
Right now, budget deficits are soaring in large part because of the unpaid-for Trump-GOP tax law that primarily benefits the very wealthy. And it's been made worse by the critical need to provide trillions of dollars in economic relief to workers and employers during the coronavirus pandemic. But Social Security, which is funded by payroll contributions from employees and employers, is not to blame for our economic woes — and should not be used to pay for other fiscal priorities.
Instead, the "Social Security 2100 Act" (H.R. 860), [link removed] which would keep the program solvent for more than 75 years without raising the retirement age or cutting benefits — and would even boost some benefits — would be paid for by requiring the wealthy to pay their fair share into the program and modestly increasing the payroll tax by 1.2% phased in over 24 years (the equivalent of one coffee drink every nine weeks for the average wage earner)!
As pressure mounts on the Senate to move on the next coronavirus relief bill, we need to make our views heard NOW! So please sign our Emergency Petition [link removed] to ensure your U.S. Senators know exactly where you stand: against the "TRUST Act" and against devastating cuts and changes to Social Security!
Sincerely, Max Richtman
President & CEO [link removed] [link removed] [link removed] [link removed] Member contributions to the National Committee, a nonprofit 501(c)(4)
organization, are not tax-deductible.
Copyright© 2020 by the National Committee
111 K Street, NE, Suite 700 | Washington, DC 20002
www.ncpssm.org [link removed] | 1-800-966-1935
View this email in a browser [link removed] | Click here to unsubscribe [link removed]
Privacy Policy [link removed] | Disclosure Statement [link removed] | Click here to donate [link removed]
