Posted in Common Dreams Op/Ed Safety Net Social Security

Social Security’s Cost of Living Adjustment is inadequate.

Democrats Have a Plan to Fix That. After lifetimes of work, Americans have earned their Social Security. It is well past time they get a raise. by Nancy J. Altman Social Security is the primary income…

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Hundreds of union activists rally at the Minneapolis Social Security Field Office on Wednesday, August 27, 2014. (Photo: AFGE/Flickr/cc)
Posted in Analysis Common Dreams Payroll Taxes Social Security

Social Security actuary says Trump payroll tax cut would effectively destroy program by 2023

“Trump’s disastrous plan to defund Social Security would eliminate retirement and disability benefits by 2023,” said Sen. Bernie Sanders. “That may make sense to the billionaires at Trump’s country club, but it makes zero sense to…

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Posted in Bailout 2020 Common Dreams Coronavirus News Social Security Unemployment insurance

Congress urged to reject ‘hostage-taking’ as Trump threatens to veto any Covid-19 bill that doesn’t cut Social Security

“Beware of the payroll tax cut! It is just the administration’s attempt to cut Social Security and Medicare.” by Jake Johnson, staff writer Friday, July 17 With President Donald Trump reportedly telling Republican lawmakers in private…

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White House economic adviser Larry Kudlow speaks to reporters outside the West Wing at the White House on Friday, May 15, 2020 in Washington, D.C. (Photo: Jabin Botsford/The Washington Post via Getty Images)
Posted in Common Dreams News Safety Net Social Security

White House pushes ‘pure giveaway’ to rich investors while urging cut to pandemic unemployment aid

Recipients of the enhanced unemployment benefit could see the aid slashed by more than 50% under a plan being discussed by the Trump administration and GOP by Jake Johnson, staff writer Tuesday, July 14 The Trump…

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Posted in Analysis Bailout 2020 Common Dreams Coronavirus Public Policy Social Security

New report shows Social Security is strong, but advocates warn GOP trying to use covid-19 to launch ‘stealth attack’

“Republicans, led by Donald Trump, are trying to use the pandemic as an excuse to slash payroll contributions, Social Security’s dedicated funding.” by Jake Johnson, staff writer The 2020 Social Security Trustees report out Wednesday found…

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