Earlier this week, Senator Bernie Sanders (I-VT) joined a large coalition of groups representing organized labor, seniors, veterans, women and progressives in delivering over 2 million petition signatures to the White House demanding no cuts to Social Security, Medicare, Medicaid and disabled veterans' benefits.
In his speech, Bernie said:
“Our job in the coming weeks and months… is to rally tens of millions of people who understand that in this country the middle class (and) working families are hurting, and we’re not going to balance the budget on their backs.”
“Anybody in the Congress who believes in cutting these … benefits … may well not be returning to Washington.”
President Obama's budget, released Wednesday, would cut benefits for Social Security recipients and disabled veterans through a so-called "chained consumer price index"(Chained CPI). This proposed change in how cost of living adjustments are calculated would mean that if you're 65 years old today, you would lose more than $650 a year when you reach 75 and more than $1,000 a year when you reach 85.
The proposed change would also affect more than 3.2 million veterans receiving disability benefits. Veterans who started receiving disability benefits at age 30 would have their benefits reduced by $1,425 at age 45, $2,341 at age 55 and $3,231 at age 65. Benefits for more than 350,000 surviving spouses and children would also be cut.
If you haven't yet done so, contact your members of Congress and tell them not to touch Social Security.