One of Congress’ strongest champions for strengthening and boosting Social Security, Medicare and Medicaid is Rep. Gwen Moore from Wisconsin. Congresswoman Moore has also been an effective voice in Congress for measures that focus on improving the economic and employment conditions in low-income communities. We’re so glad she’s agreed to share her views with us on the current Congress, Black History month and recent attempts to target Americans with disabilities by the GOP leadership in the House.
Rep. Gwen Moore (D-WI)
Each February, we are reminded of our country’s greatest African American leaders with the celebration of Black History Month. Black History Month provides us an opportunity not only to reflect on those who advocate on behalf of the African American community, but also to examine the critical concerns and issues facing African Americans today. Even with all of the progress made over the past half-century, African Americans still re ...
Tomorrow, Republicans leading the House Ways and Means Social Security subcommittee will continue their campaign to try and convince Americanswhy it’s OK to threaten a 20% benefit cut for people with disabilities unless Congress enacts larger “reforms” (“reforms” actually meaning benefit cuts since conservatives have already ruled out revenue increases) from retirees, widows and survivors who depend on Social Security.
This divide and conquer strategy ignores the fact that, once you step outside Congressional hearing rooms, average Americans understand that Social Security’s value goes far beyond just retirement. Demonizing people with disabilities discounts the basic truth that American workers contribute throughout their working lives into one program -- Social Security. Their contributions provide economic security for a whole host of needs from birth to death – for children who’ve lost a parent, spouses who’ve lost their &ld ...
The annual lobbying extravaganza by the multi-billion dollar private insurance industry which sells Medicare Advantage plans to seniors, will enter a new phase tomorrow when the Centers for Medicare and Medicaid Services announces it’s 2016 rate schedule. Lobbyists (America’s Health Insurance Plans alone spent nearly $5 million in just six months last year) have been in hyper-drive convincing Washington that trimming their billions of dollars in federal subsidies is the same as cutting seniors’ Medicare benefits. It’s not. But all that lobbying has paid off so far because not only have the proposed single-digit cuts been avoided; they’ve been replaced with rate increases:
“The Obama administration turned a proposed 1.9 percent cut to 2015 Medicare Advantage health plans into a .4 percent increase after heavy lobbying from insurers and the Hill. It was the second-straight year that the Medicare agency transformed a proposed rate cut into a raise. S ...
This week America’s wealthiest will make their last contribution to the Social Security system for 2015. The rest of us...middle class and the working poor...will continue to pay 6.2% of every dollar we earn to keep Social Security strong. How can this be?
So, the payroll tax cap means the wealthy will never have to contribute on all of their income, just the first $118,500 (in 2015). Because most Americans never earn that much in a year, many don’t even realize this unfair tax cap exists or the devastating effect it’s having on Social Security’s long-term fiscal outlook:
“... the Social Security trust fund, which currently holds $2.8 trillion, is projected to be drawn down by about 2033 (according to the Social Security trustees). After that point, if no changes are made to the program, retirees will receive only about 75 percent of scheduled benefits. One of the main causes of this projected shortfall is the growth in inequality over the last ...
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