If you got parents approaching the age of retirement, then its time to contact your senators and tell them to support the Strengthening Social Security Act of 2013. [quote] Their pitch is to grow Social Security benefits by attaching it to a new formula, known as CPI-E (Consumer Price Index for the Elderly), which is based on the theory that seniors face higher-than-average price increases, such as on health care and housing. It would be paid for by phasing out the cap on wages subject to the payroll tax, which is currently $113,700. Supporters say this would raise Social Security compensation for all beneficiaries by $70 per month. [/quote] And once again, Im proud to rock the Sherrod Brown bumper sticker. talkingpointsmemo/dc/liberals-expand-social-security-don-t-cut-it
Posted on: Tue, 05 Nov 2013 21:14:26 +0000
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