We need to EXPAND Social Security benefits―Not cut them. Donald Trump ran in 2016 on the promise to protect Social Security and Medicare, but his actions as President have betrayed us all.
The Trump Administration is normalizing the Chained CPI, and preparing to use it to cut Social Security benefits.
Social Security Works
Remember the Chained CPI? Thanks to the tireless work of grassroots activists like you, this insidious cut to Social Security benefits was soundly rejected during the Obama era.
Donald Trump must not have been paying attention, because he’s bringing back the Chained CPI.
Trump’s Wall Street enablers want Social Security benefits to be as small as possible so that they can continue to push predatory, fee-based retirement packages like 401ks. They hate Social Security precisely because it’s so reliable, and that’s why they’re trying to dismantle it, piece by piece.
Without Congress’ approval, the Trump administration announced that they plan to use the Chained CPI to alter the way they calculate the federal definition of poverty.
What’s this have to do with Social Security?
Social Security benefits are designed to automatically keep up with inflation. And they already struggle to maintain their buying power because people who receive Social Security benefits are either elderly or disabled, both of which mean that medical costs eat up more of their income than the average American. That means that even under current law, Social Security benefits aren’tkeeping up with inflation―and the Chained CPI would make that problem even worse!
The Trump administration is trying to normalize the Chained CPI in other critical programs, hoping that when they come for Social Security, no one will notice.
We’ve beaten cuts to Social Security before by rallying allies to our side and resisting with one voice. Together, we’ll do it again.
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