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THE NATIONAL COMMITTEE TO PRESERVE SOCIAL SECURITY AND MEDICARE February 18, 2010 NEWS RELEASECutting Social Security Isn't the Answer National Committee President/CEO Responds to Creation of "President Obama inherited an economic nightmare. It's a nightmare America's seniors are living each and every day thanks to skyrocketing health care costs, no COLA, shrinking home values, decimated savings and a shaky economy. Seniors and their families want fiscal sanity returned to Washington; however, we should not be considering cuts to the very programs keeping millions afloat during this recovery. Social Security is not to blame for the nation's fiscal problems and has not contributed one dime to our nation's bleak debt and deficit picture. To the contrary, Social Security's trust fund surplus has been used for years to help balance the federal books. Our hope is that this Presidential Commission will rise above the political rhetoric, do the right thing, and ensure Social Security does not become a piggy bank to pay for the fiscal failures of the past. The future of generations of Americans depends on it."...Barbara B. Kennelly, President/CEO
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