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View Diary: White House: No Medicare age increase, cut Social Security instead (360 comments)

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  •  Protesters Confront CEO and "Fix the Debt" Leader (1+ / 0-)
    Recommended by:
    Phoebe Loosinhouse

    over Corporate Tax Breaks.

    "...Honeywell International Inc. CEO David Cote...
    ...stated that 'entitlements' like Social Security and Medicare are bankrupting the United States. Cote's Honeywell retirement amounts to $78 million - enough to qualify for monthly retirement checks of $428,000 starting at age 65. By contrast, the average Social Security payment to retirees is $1,237 per month."
    (article dated Monday Feb. 11, 2013)

    http://truth-out.org/...

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