President Obama Proposes Expanding Earned Social Security Benefits
Congress Should Act to Help Seniors
Richard Fiesta, Executive Director of the Alliance for Retired Americans, released the following statement regarding President Obama’s proposal today to expand Social Security:
“The Alliance for Retired Americans welcomes President Obama's statement in favor of expanding earned Social Security benefits.
“At a high school in Elkhart, Indiana today the President said ‘...it's time we finally made Social Security more generous and increased its benefits so today's retirees and future generations get the dignified retirement that they have earned.’
“The Alliance advocated the expansion of Social Security benefits for years and we are pleased that the President agrees with us. Forty percent of Americans over the age of 50 say that Social Security will be their primary source of retirement income, and the current level of benefits is not keeping pace. It’s time for Congress …
Can you imagine the United States without a thriving steel industry? For decades, American steel has played a vital role in the health of our nation’s economy and national security. But American steel companies have hit hard times in the past decade because of the unfair “dumping” of Chinese steel into the U.S. market. China has an enormous overcapacity of steel products that are now being used to infiltrate countries around the world. China’s domestic use of its steel has dropped precipitously but the government-funded steel companies continue to produce massive amounts of steel to - among many reasons - keep its workforce in place. Chinese steel is sold in America at below market price making it nearly impossible for U.S. steelmakers to compete. And United Steelworkers are suffering from what is passed off as “free trade.” In 2015, approximately 13,500 American steelworkers were laid off and many major steel mills were idled or permanently ceased operations. American steel companies h…