“The Grand Bargain” — Political Opportunism or Fiscal Responsibility?
Friday, January 23rd, 2009“This is what I call a target rich environment.” Senate Budget Committee Chairman, Kent Conrad, January 21, 2009 It’s hard to imagine that at the same time millions of Americans are watching their home values plummet, their savings disappear and healthcare costs skyrocket, so-called “fiscal hawks” in Congress are pushing to cut the [...]
Seniors Skipped in Economic Recovery Plan?
Thursday, January 15th, 2009Older Americans living on a fixed income feel the pressure of the current recession as acutely as anyone does, yet they are often overlooked in economic stimulus packages. That’s because retired seniors who are living primarily on their Social Security and don’t file tax returns aren’t impacted by changes in the withholding rules. Millions of [...]
Stimulus vs. Safety net is a False Choice
Thursday, January 8th, 2009We here at the National Committee congratulate the new Congress and President-elect Obama for making economic recovery an immediate priority. Skyrocketing medical bills, shrinking savings and plummeting home values have hit retirees, living on fixed incomes, especially hard. For many, Social Security and Medicare have provided their only stable economic security during these tough times. [...]