By Al Norman In 1934, when President Franklin D. Roosevelt first pitched the idea of a Social Security program to Congress, he referred to “three principles” of the program: •Non-contributory old-age pensions for those who are now too old to build up their own insurance; •Compulsory contributory annuities, which in time will establish a self-supporting [...]
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Tag Archive | "Social Security"
Beware of the one-legged stool, it isn’t enough to live on
Posted on 24 May 2013.
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Obama Social Security proposal panned in Mass.
Posted on 12 April 2013.
BOSTON — Republicans and Democrats in Massachusetts are faulting President Barack Obama for proposing changes that would trim Social Security and Medicare benefits. The changes, included in a federal budget plan released by the president Wednesday, would switch the way the government calculates annual cost-of-living adjustments for recipients of Social Security and other government benefit [...]
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Obama seeks deal, proposes cuts to Social Security
Posted on 11 April 2013.
WASHINGTON — Seeking an elusive middle ground, President Barack Obama is proposing a 2014 budget that embraces tax increases abhorred by Republicans as well as reductions, loathed by liberals, in the growth of Social Security and other benefit programs. The plan, if ever enacted, could touch almost all Americans. The rich would see tax increases, [...]
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Social Security Chained CPI: How much would you lose?
Posted on 27 March 2013.
By Linda F. Fitzgerald One million Massachusetts residents age 65 and over receive Social Security. While the average annual benefit of $14,200 is less than many people think, the fact is Social Security keeps more than 40 percent of Bay State seniors who receive it out of poverty. For many of us, Social Security has [...]
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Obama’s charm campaign: High marks, no concessions
Posted on 18 March 2013.
WASHINGTON, March 16 — President Barack Obama’s widely publicized recent string of meetings with rank-and-file Republican and Democratic lawmakers earned him public praise from even some of his most implacable critics. But for all the warm talk, no breakthroughs were anticipated and none emerged to break the impasse between the White House and Congress over [...]
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Survey: Many conflicted on gov’t spending cuts
Posted on 12 March 2013.
By Tom Raum WASHINGTON — As President Barack Obama and lawmakers spar over huge federal deficits, they’re confronted by a classic contradiction: Most Americans want government austerity, a survey shows, but they also want increased spending on a host of popular programs: education, crime fighting, health care, Social Security, the environment and more. Less for [...]
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