There are currently seventeen bills pending in either the U.S. House of Representatives or the U.S. Senate that are related to changes in Social Security. This staggering number of Social Security bills, now being considered in various committees, where amendments will be added or the bills changed, shows how determined many elected officials are in either privatizing or killing two of the most beneficial programs to protect the public ever created (with the exception of the U.S. EPA and our Clear Air and Water Act Laws).
President Obama and members of the U.S. House and Senate have placed Social Security and Medicare on the chopping block in ongoing debt ceiling negotiations. In these secret negotiations, far away from public enlightenment or debate, deals are being cooked-up to undermine, cut or privatize these important and highly beneficial programs.
If you want to read current U.S. House or Senate Legislation on Social Security & Medicare visit this website: http://www.govtrack.us/
Please note that the title of these Bills can be highly misleading and does not reflect the written content of the legislation.
Another source of information or to read the complete bill texts on current U.S. House or Senate Legislation visit this website: http://thomas.loc.gov/home/thomas.php
More bills will be added to this list as they are introduced (See [1-2] above for full text of these bills, their current status and which committee, and committee members, will be conducting hearings on these bills).
The Toll Free Telephone Number for all members of the U.S. Senate or House of Representatives: (1866) 220-0044
The drumbeat has been increasing since 2010, to undermine Social Security and Medicare. Federal Reserve Chairman Ben Bernanke has been leading the charge since 2007, to make critical changes to these programs claiming that these programs are the key to solving our financial deficit. Chairman Bernanke and President Obama took the first steps in this direction when they gave a tax holiday in December 2010, to those making Social Security tax payments, in a tax deal with Republicans.
U.S. Senator Bernie Sanders spoke for over 8 hours on the floor of the U.S. Senate and outlined the problems faced with the passage of the tax cut bill for “millionaires and billionaires”, which passed on December 17, 2010, and has now been signed into law by President Obama. (See his U.S. Senate speech below.)
Social Security and Medicare are high on the list of President Obama’s Debt Commission list of recommendations for several cuts as well. All of these recommendations will be at the forefront of U.S. Congressional Actions in 2011. President Obama should not be trusted to protect Social Security in the future because he allowed for its undermining in his tax giveaway to the very rich in December 2010. Our only protection for Social Security and Medicare will be by the people taking action in 2011, to protect these programs.
Instead of making recommendations about funding the U.S. War that continues in Iraq, where 50,000+/- troops are to remain indefinitely, along with thousands of private contractors, and other U.S. employees, the commission seems to be only interested in undermining Social Security and Medicare. With escalating wars in Pakistan and Afghanistan escalating the national debt by $Billions each month along with Pentagon spending, the President’s commission seems unwilling to tackle these costs…instead working on budget cutbacks in social services to overcome ever-increasing deficits.
According to Bloomberg News (April 27, 2010): “…The AARP, the Washington-based advocacy group for the elderly, said yesterday the panel should forswear cutting Social Security, which provides “financial security for millions of older adults — many of whom are kept out of poverty” by it. Roger Hickey, co-director of the Washington-based Campaign for America’s Future, said “deficit hysteria” was being used to clear the way for painful cuts in Medicare…”
With unemployment reaching epidemic levels and the undermining of our pensions, through poor investments and Wall Street Ponzi Schemes, the public is finding that their retirement income is being eroded at an alarming rate. We cannot allow Social Security to be undermined at a time when many older citizens will find that this is their only source of income due to pension losses. In addition, the elderly cannot afford to depend on their children to support them if Social Security and Medicare benefits are cut or undermined, due to ever-increasing low wages and job losses in the U.S.
U.S. Congressman Mike Thompson made the following statement at a Public Meeting in Mendocino County, California on August 19, 2010: “…it’s not true that it’s “broke.” Thompson stated that Social Security is solvent until 2037. “Social Security was a very far-reaching program. It’s the most successful government program there’s ever been,” said Thompson. “It’s responsible for keeping a heck of a lot of people out of poverty; it’s an absolute lifeline for many and important for the economy…”
“…Thompson said the scope of Social Security has greatly expanded since it was signed into law 75 years ago. In Mendocino County alone, Social Security — just the retirement portion — accounts for $207 million in income, he said…In closing, Thompson directed a comment to the senior population. “The senior voice is a very loud voice. You have clout and you should use that,” said Thompson.
U.S. Congressman Mike Thompson Speech on the Floor of the U.S. House of Representatives in 2005, regarding Social Security. Please note that the Democratic Club of Ukiah and the Democratic Clubs in Lake County, along with other California Democratic Clubs collected nearly 10,000 thousand signatures to prevent the Privatization of Social Security in six weeks in 2005.
The following U.S. House Speech by Congressman Thompson and U.S. Congressman’s Presentation & Q&A in Lake County, California, is presented below for your information:
408C 2010 States Take Aim At Pension Costs to Solve Budget Crisis NYTimes June 19, 2010 Increasing Stresses on Social Security-Medicare.pdf
Medicare plays a vital role in ensuring the health and retirement security of older and disabled Americans, and we agree that reasonable changes to hold down costs and improve our health care system, including Medicare, should be considered. While we appreciate the effort to lay out alternative approaches to health and retirement security, we remain opposed to privatization or vouchers which would simply shift costs to older Americans. The U.S. House and Senate are currently working on upcoming legislation which would privatize Medicare and Social Security. We all need to take action today to oppose these actions. Rosalind Peterson
The 408T PDF Section below contains information about Social Security Totalization Agreements with Foreign Countries.
U.S. Senator Bernie Sanders – On the Floor of the U.S. Senate
C-SPAN March 30, 2011
Lists 10 Worst Corporate Tax “Avoiders”
Some of them even get IRS tax rebates.
|Sen. Sanders Held a Tax Cut Filibuster|
|Sen. Bernie Sanders (I-VT) wrapped up an 8 ½ hour speech, or what his office called a “tax cut filibuster” on the Senate floor opposing the White House and Republican compromise on tax cuts and unemployment benefits. He began his speech at 10:25am saying, “I am simply here today to take as long as I can to explain to the American people the fact that we have got to do a lot better than this agreement provides.”
Friday : Washington, DC
|Sanders Filibuster: Part 1 Sanders Filibuster: Part 2 Sanders Filibuster: Part 3|
|Sen. Bernie Sanders (I-VT)|
|Sen. Sanders discusses his amendment to the financial regulatory bill now in the Senate (S 3217), which requires the Government Accountability Office to audit the Federal Reserve. Sen. Sanders’ proposal would force the Fed to disclose online all the recipients of trillions of dollars in taxpayer loans through the agency’s secret “discount window” program. The Obama administration opposes the measure, but it is receiving bipartisan support.
Thursday, May 6, 2010 : Washington, DC
Bernie Sanders speaking on MSNBC (The ED show): http://www.huffingtonpost.com/2010/12/14/bernie-sanders-social-security-tax-deal_n_796376.html?view=print
U.S. Senator Bernie Sanders (I-VT) calls uncontrollable greed a disease, and demands an end to tax breaks for the rich.
May 3, 2011 C-SPAN Book TV
*Independent Senator Bernie Sanders of Vermont discusses his eight and a half hour speech that he delivered on the Senate floor on December 10, 2010. In the speech, Senator Sanders was critical of President Obama’s extension of the Bush administration tax cuts for top earners and diminished estate tax rates as well as the disappearance of America’s middle class.
Sen. Bernie Sanders talks about the speech, which was recently published in a book.*
Independent Senator Bernie Sanders ofVermont discusses his eight and a half hour speech that he delivered on the Senate floor on December 10, 2010…”
C-SPAN July 8, 2011
Discussions on Capitol Hill surrounding spending cuts and the federal debt ceiling have raised a host of questions on entitlement programs such as the Social Security program. The Subcommittee on Social Security for the House Ways and Means Committee held a hearing on Social Security finances. Chairman Sam Johnson (R-TX) called for the hearing to review current benefit expenditures of Social Security as well as proposed changes and the potential impact of such changes on the program.
The 2011 Annual Report of the Social Security Trustees highlighted future funding challenges to both the Old Age and Survivors Insurance (OASI) and the Disability Insurance (DI) programs. Current estimates by the Trustees project permanent and growing cash flow deficits noting that the combined OASI and DI Trust Funds will be exhausted by 2036, with government revenues covering only 77% percent of benefit payments.
Witnesses at the hearing include; Syl Schieber, independent consultant; Thomas S. Terry, president, T. Terry Consulting, representing the American Academy of Actuaries; C. Eugene Steuerle, senior fellow, Urban Institute; Joan Entmacher, vice president for family economic security, National Women’s Law Center; Charles P. Blahous, research fellow, Hoover Institution; and Barbara Bovbjerg, director, Education, Workforce and Income Security Issues, Government Accountability Office.