You may have heard that yesterday President Obama made an offer to Republican John Boehner to cut Social Security benefits and leave in place some of the Bush tax cuts for the top 2%.
The cuts in Social Security are opposed by an overwhelming majority of SignOn.org members and would amount to "a cut of more than 5 percent and more as the years go by." For many retirees this would mean critical cuts to benefits that cover medicine, food, and other daily necessities.1,2
The good news is that many senators, including Senate Leader Harry Reid, have promised to oppose Social Security cuts in any deficit reduction package. If they hear from enough of their constituents, we can still get the Senate to reject this proposal and protect Social Security.
Why is this important?
Do you want less money for retirement after spending your working life contributing to a retirement program the government promised you... while the those in Congress live like princes off your tax dollars?