While more people are working later in life because of happy things like longer life expectancy, they are also doing so because of very sad things, like a lack of Social Security benefits or retirement plans.
Currently, more than 4.7 million African Americans receive Social Security benefits, and nearly 8 million people with disabilities depend on Social Security for their daily sustenance.
Our constituents paid into Social Security, and they want it paid back to them when they retire. Cutting Social Security benefits that Americans have earned should always be a last resort.
Instead of following through on their promise to concentrate on jobs, Republicans have attacked seniors, working families, women, and the most vulnerable among us. They have pursued an extreme agenda that would end Medicare as we know it and cut Social Security benefits in order to continue giving tax breaks to Big Oil and millionaires.
The revenue stream for Social Security benefits comes from payroll taxes, which are credited to the Social Security Trust Fund - accounting for the program's finances separately from the rest of the budget.
Wage discrimination lasts forever. The disparity haunts women beyond their years in the labor force, impacting how much they save for retirement and ultimately receive in Social Security benefits.
Open the borders to willing workers from any and all nations. They will create businesses that pay taxes, especially payroll taxes to fund Medicare and Social Security benefits of retiring baby boomers.
Without Social Security benefits, more than 40 percent of Americans 65 years and older would live below the federal poverty line. Even more striking is that Social Security is the only source of retirement income for almost a quarter of elderly beneficiaries.
More young people believe they'll see a U.F.O. than that they'll see their own Social Security benefits.
We can preserve Social Security benefits for generations of Americans without privatizing this important program.
