If President Obama insists on pushing these cuts, then it's up to Democrats in Congress, including California Rep. Lois Capps, to say no. Say no to President Obama's proposal to cut Social Security by lowering the cost-of-living adjustment for current and future retirees.
We need these cost of living increases. Without them we will lose about $500.00 a year in benefits.
Why is this important?
President Obama has proposed cutting Social Security by lowering cost-of-living adjustments for current and future retirees. These cuts, sometimes called "chained CPI," will hurt seniors who have paid into the system for their whole lives and are already struggling with rising health care costs.
