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Nancy Altman

Retirement Income Crisis Deniers Desperately Seek Social Security Benefit Cuts

Nancy Altman | Posted 02.18.2017 | Politics
Nancy Altman

A growing number of policymakers are wisely advocating that Social Security be expanded, not cut, as a solution to the nation's looming retirement income crisis. Both Democratic presidential candidates have endorsed expanding Social Security.

Social Security and President Obama's FY 2017 Budget

Nancy Altman | Posted 02.11.2017 | Politics
Nancy Altman

The Obama budget could have reassured the American people that the monies they contribute to Social Security are properly handled, protected for their intended purpose of paying earned benefits and related administrative costs. Unfortunately, the just-released budget reinforces the opposite view.

Dear President Obama: Create a Lasting Social Security Legacy in Your State of the Union Address

Nancy Altman | Posted 01.09.2017 | Politics
Nancy Altman

On Tuesday, January 12, when you deliver your final State of the Union address, you will have a tremendous opportunity to establish a profound legacy regarding one of the nation's most important domestic programs -- Social Security

Seniors and Veterans Deserve a Raise

Nancy Altman | Posted 12.17.2016 | Politics
Nancy Altman

As a member of Congress and the head of a social security advocacy group, we believe that it's time to take action to ensure that seniors, veterans, workers who have been forced to stop work as the result of serious and permanent disabilities, and others receive a badly needed raise.

Social Security Benefits Are Eroding, Thanks to an Inadequate Cost of Living Adjustment (COLA)

Nancy Altman | Posted 10.13.2016 | Politics
Nancy Altman

The shortcomings of the measure for Social Security are obvious. Moreover, the same inadequate index is used for other programs for seniors and people with disabilities, including military retirement benefits, veterans' compensation, civil service retirement benefits and the means-tested Supplemental Security Income program.

Happy Grandparent's Day! They - and We - Deserve an Expanded Social Security

Nancy Altman | Posted 09.13.2016 | Politics
Nancy Altman

After 80 years, Social Security has stood the test of time. It is incredibly efficient, spending less than a penny of every dollar on administration -- the remaining 99 cents is paid in benefits. The question isn't can we afford to expand Social Security. As the wealthiest nation in the world, at the wealthiest moment in our history, there is no question that we can afford to expand Social Security. The real question is how can we afford not to do so.

This Labor Day, Let's Not Just Honor Workers -- Let's Fight for Them

Nancy Altman | Posted 09.04.2016 | Politics
Nancy Altman

Each year, we set aside one day, Labor Day, to honor American workers, who put in extremely long hours and are incredibly productive. That is the least we should do. We can and should do much more.

Lessons Learned On Social Security's Birthday

Nancy Altman | Posted 08.14.2016 | Politics
Nancy Altman

Those who are fortunate enough to live to old age need steady, guaranteed income that they cannot outlive. Social Security provides protection in all three eventualities - death, disability, and old age.

Social Security and the Republican Debate: Donald Trump and Mike Huckabee vs. Jeb Bush and the Others

Nancy Altman | Posted 08.07.2016 | Politics
Nancy Altman

In the Republican debate, Americans got a glimpse at what their economic future might hold if one of the Republican candidates becomes president -- and the picture wasn't pretty.

Medicare at Age 50: Building on Its Success

Nancy Altman | Posted 07.30.2016 | Politics
Nancy Altman

I see no better way to celebrate Medicare reaching its fiftieth anniversary than to expand Medicare. If we follow the lead of those visionary architects fifty years ago, those who come after us will inherit a nation where affordable, first class health insurance -- Medicare for All -- is a birthright.

2015 Trustees Report Confirms That Expanding Social Security Is Fully Affordable

Nancy Altman | Posted 07.22.2016 | Politics
Nancy Altman

Social Security's benefits are modest and don't cover a number of eventualities, such as parental leave and sick days, which the Social Security programs of other countries cover. It is time to bolster the economic security of America's working families.

Independence Day, Thomas Paine and Social Security

Nancy Altman | Posted 07.02.2016 | Politics
Nancy Altman

Social Security is as American as fireworks on the Fourth of July. This summer marks the eightieth anniversary of its enactment. To celebrate the birthday, let's do what past generations have done.

New CBO Report Offers Yet Another Reason to Expand Social Security

Nancy Altman | Posted 06.19.2016 | Politics
Nancy Altman

The last time that we had large and growing inequality was during the so-called Roaring Twenties, which ended with the Great Depression. As part of the response, we enacted Social Security. We should learn from the past.

The Wrong Math

Nancy Altman | Posted 05.26.2015 | Politics
Nancy Altman

The question of whether Social Security should be expanded, fully funded at its current level of scheduled benefits, or scaled back is not one of math or demographics, but one of values- how we choose to spend our combined wealth. Confusing this question is some other wrong math.

America's Retirement Security Crisis Is Huge and Quickly Approaching

Nancy Altman | Posted 03.23.2015 | Politics
Nancy Altman

You've heard about boomerang kids -- adult children in their 20s and 30s who have returned to live in their parents' homes. Well, get ready for boomerang parents, formerly independent middle-aged people who -- 10, 15, 20 years hence -- will have no choice but to move into their adult children's homes because they cannot afford to maintain their own.

The New Republican Attack on Social Security Starts Now!

Nancy Altman | Posted 03.08.2015 | Politics
Nancy Altman

Republican opponents of Social Security have not wasted even a single day in their plan to dismantle Social Security brick by brick. What should be a dry, mundane exercise -- the adoption of new rules by the newly convening House of Representatives -- has turned into a stealth attack on America's working families.

Fight for Big Ideas: Expand Social Security

Nancy Altman | Posted 01.11.2015 | Politics
Nancy Altman

Democrats have historically been the party of Social Security and the champion of the middle class -- so what happened?

Congressman John Larson's Important Plan to Expand Social Security

Eric Kingson | Posted 10.20.2014 | Politics
Eric Kingson

In the last month alone, three bills expanding Social Security have been introduced. The three add to a growing number which see Social Security as the solution to a looming retirement income crisis.

Women's Economic Security Depends on Raising the Wage and Expanding Social Security

Barbara J. Easterling | Posted 05.31.2014 | Politics
Barbara J. Easterling

Seven out of 10 Americans support increasing the minimum wage, and a full three out of four support expanding Social Security. For the women of today, and of the generations that will follow, it's time to act.

Dick Durbin: Sacrificing Social Security, Recovery?

Curtis Black | Posted 10.09.2011 | Chicago
Curtis Black

Now that the debt ceiling crisis is behind us, it's time to take a look at Senator Durbin's role in shifting the debate away from the jobs crisis and legitimizing attacks on Social Security.

What People of Color Should Know About Tax Cut and Deficit Reduction Proposals

Dr. Maya Rockeymoore | Posted 05.25.2011 | Politics
Dr. Maya Rockeymoore

Any weakening of Social Security (which could happen if a proposed payroll tax 'holiday' passes) would devastate communities of color who are heavily reliant on Social Security's retirement, disability, and survivor's benefits.

What Social Security Report Says vs. What They Tell You It Says

Dave Johnson | Posted 05.25.2011 | Media
Dave Johnson

Social Security is not broken. If we fight the myths and the anti-government lies it will be there for all of us.

Former Obama Advisors Call Out His Hedge Fund-Staffed Deficit Commission

Jane Hamsher | Posted 05.25.2011 | Politics
Jane Hamsher

It appears there are no new ideas circulating within Obama's deficit commission. Just the long, patient plans of hedge fund billionaires who want to dismantle the social safety net and not pay their taxes.