Skip to main content

Alliance for Retired Americans Chained CPI Event

For Immediate Release
July 2, 2013
Contact: Laura Markwardt – 202/637-5178 or lmarkwar@retiredamericans.org

Seniors to Form Human Chains in 50 Key Locations Protesting the Chained CPI Social Security Benefit Cut

“Some Cuts Never Heal”

Washington, DC--- Today, Tuesday, July 2nd, the Alliance for Retired Americans will sponsor a National Day of Action opposing the chained CPI Social Security benefit cut.

Members of the Alliance will work together to create a human chain in front of important locations to protest the chained CPI. More than 50 human chains will be formed in front of key Congressional offices and Federal buildings, as well as other strategic locations, in states around the country.

“The chained CPI would cut Social Security benefits by changing the cost of living adjustment (COLA) formula - and some cuts never heal!” said Edward F. Coyle, Executive Director of the Alliance.

The chained CPI is an immediate Social Security benefit cut, and it would result in an annual benefit that is roughly $1,000 (2012 dollars) lower by the time a beneficiary reaches age 85. Activists will stress that the chained CPI does not accurately account for large health care cost increases faced by seniors and people with disabilities.

Click here to view a map and list of events taking place across the country. For more on the chained CPI, click here.

###

The Alliance for Retired Americans is a national organization that advocates for the rights and well-being of over 4 million retirees and their families.

Comments

Popular posts from this blog

Steelworkers Organization of Active Retirees (SOAR)

Trump To Cut Social Security

Trump’s Promise Not to Cut Social Security has been Broken by Robert Roach, Jr. President Trump’s fiscal 2018 budget is a non-starter. He has betrayed America’s seniors. In fact, $2 trillion in deficit reduction turns out to be just a math error. The budget cuts $72 billion over ten years from disability programs, including Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI). Trump promised repeatedly to protect – not cut – Social Security. Yet his first budget does just that, harming millions of disabled Americans.  The Trump budget also slashes $1.4 trillion from Medicaid over 10 years. According to the Centers for Medicare & Medicaid Services (CMS), total Medicaid spending was $368 billion in 2016. Almost two-thirds of that was for seniors and people with disabilities, who rely on Medicaid for health care and long-term care. This cut is drastic and dangerous by any measurement. This budget also decimates the Community Development Block Grant, which pro…

The Ship of Fear

My Destroyer, the U.S.S. Walker, was tied up in Pearl Harbor.

The Newspaper headlines for several days along with lengthy articles told of a merchant ship, "the Pomona" that was tied up in Honolulu waiting for crew to take it to the far east. The Captain had been murdered while at sea and the crew was afraid that the murderer was still aboard. The ship finally got underway again and my memory is that it had rudder problems and had to return to port. Then, after getting underway again it had a fire on board and had to return again.

While on liberty one day in Honolulu, I stopped in at a saloon on my way back to my ship. There, I met a merchant sailor who happened to be a sailor aboard the Pomona. He offered to take me back to the ship and let me come aboard her. We did and headed for the bow of the ship where there was a lot of noise. There sitting on the deck were a number of sailors, mostly drunken, talking about their predicament.

This occurred sometime between 1961 and…