Today's Date: February 27, 2021
ChenMed Commits $100,000 to Address Issues Affecting Communities of Color   •   Vaquero Private Wealth Increases Its Dallas Presence With the Addition of The Maynard Group   •   AARP Members Frustrated with Pennsylvania's COVID-19 Vaccine Distribution Efforts, Survey Shows   •   BANDIER Now Available on Amazon   •   Assisting Hands Arlington Heights Receives an "Assisting Hand" from SCORE   •   NASA Celebrates 'Hidden Figure' Mary W. Jackson With Building Naming Ceremony   •   Citizens for a Pro-Business Delaware Launches Mobile Billboard to Expose Racial Inequality in the Chancery Court   •   Residents of Market Street Memory Care East Lake Celebrate their 2nd Annual Market Street Winter Olympic Games   •   Canada, British Columbia and Tlowitsis Nation Advance to Final Stage of Treaty Negotiations   •   Western Union Foundation Supports Career & Leadership Pathways for Migrant and Refugee Youth   •   Children's Museums Mobilize to Serve Children and Families during COVID-19   •   New Study Reveals Baby Boomers Turning to International E-Commerce, but With Different Expectations Than Younger Consumers   •   Connie Stacey Wins The Forum’s 2020/21 Pitch for the Purse, $50,000 Prize   •   Lies Travel Faster Than Truth in New Peaky Blinders Card Game from Steamforged Games   •   During Texas Storm, New Haven Assisted Living Served Seniors   •   Cloud Girls Extends Nomination Deadline for Sixth Annual 'Women to Watch' Awards   •   Casting Workbook Español Launched as Part of New Global Expansion Effort to Support Spanish Talent Worldwide   •   BlackNorth Initiative's Dahabo Ahmed-Omer Earns Inaugural Business Changemakers Award From the Globe and Mail’s Report on   •   Study: Staffing Industry Sees Gender Parity but Wide Pay Gap Still Persists   •   Trust the Leader in Online School: Insight School of Kansas Accepting Enrollments for 2021-2022 School Year
Bookmark and Share

Calls For Obama To Reject "Assault On Soc. Sec."

WASHINGTON - "Millions of women will be pushed into poverty and out of the middle class if preliminary recommendations for cutting Social Security benefits made by the National Commission for Fiscal Responsibility and Reform are adopted," NOW President Terry O'Neill says.
"Co-chairs Alan Simpson and Erskine Bowles have come up with a proposal that would move Social Security toward being a welfare program, rather than the guaranteed income security program it is designed to be," O'Neill says. "That's the opposite of what's needed. In fact, benefits need to be improved -- not cut -- for women. At a time when so many working families are struggling, the co-chairs' proposal is terrible policy. I hope we can count on the president to reject it out of hand."

The Fiscal Commission Co-Chairs' Proposal suggests increasing the payroll tax to capture 90 percent of wages by 2050. O'Neill says: "We should just scrap the cap on taxable income entirely right now, and increase benefits for all. That would ensure Social Security solvency far into the 21st century and provide for an economically secure retirement for all workers."

"Increasing the retirement age -- even though it is gradual -- is one of their worst ideas, O'Neill continued. "Millions of women and men who work at physically demanding jobs cannot work into their late 60's. For them, extending the retirement age will amount to a deep and cruel benefit cut."

"Strengthening everyone's income security should be a primary goal of this administration and of the new Congress. This past election was a clear demonstration that people are hurting because of the recession's effect on employment, housing values, and savings. Undermining Social Security is absolutely the wrong way to go," O'Neill said.

NOW calls upon President Obama to reject the Co-Chairs' Proposal and commit his administration to strengthening Social Security by scrapping the cap and increasing benefits for the hard-working people of this country.

 


The National Organization for Women (NOW) is the largest organization of feminist activists in the United States. NOW has 500,000 contributing members and 550 chapters in all 50 states and the District of Columbia. 


STORY TAGS: WOMEN, MINORITY, DISCRIMINATION, DIVERSITY, FEMALE, UNDERREPRESENTED, EQUALITY, GENDER BIAS, EQUALITY

Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
Breaking News
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News