The decision is not difficult.[link removed]
Friend,
Republicans claim that Social Security and Medicare need to be cut to
avoid going bankrupt.
President Biden says he’ll veto any cuts to Social Security or
Medicare.
If you get your news from CNN or The Washington Post, you’d think
that’s the entire range of policy options open to Congress as it faces
a rapidly approaching deadline over lifting the debt ceiling or
defaulting on the federal debt.
What absolute nonsense.
Has anyone noticed that right now, nearly half of all seniors have no
savings and are trying to survive on an income of less than $25,000 a
year? Meanwhile, billionaire CEOs are paying the same amount into Social
Security as school teachers and nurses.
By simply lifting the cap on the maximum amount of income subject to the
Social Security payroll tax, we could increase Social Security benefits
by $2,400 a year AND fully fund the program until the year 2096.
This proposal, which progressives like Bernie Sanders and Elizabeth
Warren have touted for years, is supported by 8 in 10 Americans, but
utterly ignored by the corporate media.
This is why independent media like Common Dreams is so crucial—and why
Warren herself just this week pointed to Common Dreams as one of the top
sources of news on Social Security.
To keep our nonprofit newsroom alive, we’ve set a Winter Campaign goal
of raising $80,000 and signing up 200 new monthly donors by March 1.
Will you help reach that goal by making a donation to Common Dreams, and
consider joining as a recurring monthly donor?
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Thank you,
Jon Queally
Managing Editor
on behalf of the whole Common Dreams team
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