Leading Seniors Group Challenges White House on Chained CPI

2013-03-21T12:18:00+00:00March 21st, 2013|News Archives 2013|

National Committee President/CEO, Max Richtman, has written to President Obama following a closed door briefing with national advocacy leaders and White House staff earlier this week. 

“I have urged the White House many times since November’s election to remember the promises made during the campaign to improve the lives of middle-class Americans and their families and to strengthen Social Security and other programs serving our nation’s most vulnerable.  Unfortunately, a proposal to cut benefits through changing the cost of living allowance formula to the chained CPI does neither. You can’t say Social Security doesn’t belong in the deficit debate in November,  then offer Social Security benefit cuts disguised as a “tweak” just a few months later and expect millions of current retirees, veterans, and people with disabilities not to notice the immediate benefit cut this so-called ‘tweak’ brings.”… Max Richtman, NCPSSM President/CEO

The full letter to President Obama is here.

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