Stop cuts on Social Security
To the editor:
I’m a senior and I rely on my Social Security benefit to get by. But now, some in Washington don’t want me to get by; they want me to get less. I know this because I see all over the news that the President’s budget includes a cut to our annual Social Security COLA.
According to the experts at the National Committee to Preserve Social Security & Medicare, the President’s Chained CPI proposal means someone who’s 65 now will lose about $130 per year in benefits. And that benefit cut will grow to around $1,400 per year by the age of 95. You know, the current average Social Security benefit is only about $14,000 a year and now they want to reduce it to solve a budget problem that Social Security had nothing to do with in the first place?
The president is calling this Chained CPI a “technical tweak.” I call it malarkey. Social Security is an earned benefit and a realistic COLA is needed to help our benefits to keep pace with the high costs of living, especially our medical expenses. We must fight back by demanding that our Members of Congress reject the Chained CPI in any budget plan. Hold our elected officials accountable and reverse the inequality slide.