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View Diary: House Dems to Obama: No Social Security cuts (265 comments)

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  •  I'm happy about the letter... (1+ / 0-)
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    Rustbelt Dem

    and I'll remind everyone, this is still up on

    Seniors & Social Security


    The Recovery Act provides a one-time payment of $250 to retirees, disabled veterans, and SSI recipients. Over 64 million retirees and other individuals will receive this one-time payment, totaling $16 billion.

    Guiding Principles

    Protecting Social Security

    President Obama believes that all seniors should be able to retire with dignity, not just a privileged few. He is committed to protecting Social Security and working in a bipartisan manner to preserve its original purpose as a reliable source of income for American seniors. The President stands firmly opposed to privatization and rejects the notion that the future of hard-working Americans should be left to the fluctuations of financial markets.

    Strengthening Retirement
    In addition to preserving Social Security, President Obama will make it easier for Americans to save for retirement and prepare for unforeseen expenses. Currently 75 million working Americans—about half the workforce—lack access to retirement plans through their employers. The President’s budget lays the foundation for all Americans to participate in retirement accounts at work, enacting simple rules and automatic enrollment that experts estimate will increase savings participation to 80 percent for low- and middle-income workers.


    The White House Blog

    Weekly Address: Honoring Social Security, Not Privatizing It

    Posted by Jesse Lee on August 14, 2010 at 06:00 AM EDT

    On the 75th anniversary of Social Security, President Obama promises to protect it from Republican leaders in Congress who have made privatization a key part of their agenda. He makes clear that, especially in light of the financial crisis, gambling Social Security on Wall Street makes no sense.

    I can't imagine why anyone would say our President doesn't support the Social Security.  

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