SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
5
#000000
#FFFFFF
"Make no mistake: by pushing to cut off the program's funding stream, President Trump is taking the first step toward dismantling Social Security," Max Richtman, president and CEO of the National Committee to Preserve Social Security and Medicare. (Photo: AFGE/Flickr/cc)
'Outrageous, Callous, and Cruel': Seniors Rip Trump for Holding Covid-19 Relief Hostage to Push Social Security Cuts
"Trump's actions are a war on seniors. He is insisting on threatening Social Security on which most seniors rely for their food, medicine, and other basic necessities."
May 05, 2020
Grassroots advocacy groups representing millions of retirees and seniors across the United States are speaking out against and urging Congress to oppose President Donald Trump's threat to block desperately needed Covid-19 relief legislation if it does not slash the payroll tax, which funds Social Security and Medicare.
"It is outrageous, callous, and cruel for President Trump to hold the American people, and seniors in particular, hostage if Congress doesn't go along with his plan to gut Social Security for current and future retirees," said Richard Fiesta, executive director of the Alliance for Retired Americans, an organization with over four million members nationwide.
"Choking off Social Security's funding stream is an existential threat to seniors' earned benefits."
--Max Richtman, National Committee to Preserve Social Security and Medicare
"The president's plan is also bad economics. Social Security puts more than $800 billion into the economy each year. Destabilizing the system when we are in the middle of an economic downtown is exactly the opposite of what we need to do," Fiesta added. "The 4.4 million members of the Alliance for Retired Americans call on all members of Congress to refuse to make such a deal. We will fight this attempt to gut Social Security and in November we will remember who was willing to defend and protect our earned benefits."
During a Fox News town hall Sunday night, Trump said he would oppose any additional coronavirus stimulus package that does not include his long-desired payroll tax cut, which would provide zero direct relief to the more than 30 million Americans who have lost their jobs over the past six weeks. The president suggested at a press briefing last month that the tax cut should be permanent.
"We're not doing anything unless we get a payroll tax cut," Trump said Sunday, just days after vowing to protect Social Security and Medicare.
Max Richtman, president and CEO of the National Committee to Preserve Social Security and Medicare, said in a statement Monday that Trump's remarks "set off alarm bells for America's seniors and their advocates."
"Make no mistake: by pushing to cut off the program's funding stream, President Trump is taking the first step toward dismantling Social Security," said Richtman. "The president's campaign to eliminate payroll taxes is a violation of his patently false promises to seniors 'not to touch' Social Security. This proposal goes way beyond 'touching.' Choking off Social Security's funding stream is an existential threat to seniors' earned benefits."
The multi-trillion-dollar CARES Act, which President Donald Trump signed into law in late March, contains a provision allowing employers to delay payment of the payroll tax for at least the duration of 2020.
Advocates warned at the time that the provision, which replaces payroll tax revenue with general revenue, represents a fundamental threat to Social Security's long-term financial health. Nancy Altman, president of advocacy group Social Security Works, predicted that Republicans will "undoubtedly use the general revenue to demand cuts to Social Security in the name of 'reining in entitlements.'"
Senate Majority Leader Mitch McConnell (R-Ky.), a proponent of Social Security cuts, hinted in that direction last month, declaring that "the future of our country in terms of the amount of debt that we're adding up is a matter of genuine concern."
In a statement on Monday, Altman said the president's relentless push for a payroll tax cut shows "how desperately Trump and the right-wing ideologues surrounding him want to defund Social Security, so they have an excuse down the road to demand cuts to our earned benefits."
"Trump's actions are a war on seniors," said Altman. "He wants to open up the economy, even though Covid-19 is disproportionately costing seniors their lives. Now he is insisting on threatening Social Security on which most seniors rely for their food, medicine, and other basic necessities. Members of Congress, particularly House Democrats, need to stand strong and call Trump's bluff."
An Urgent Message From Our Co-Founder
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
Grassroots advocacy groups representing millions of retirees and seniors across the United States are speaking out against and urging Congress to oppose President Donald Trump's threat to block desperately needed Covid-19 relief legislation if it does not slash the payroll tax, which funds Social Security and Medicare.
"It is outrageous, callous, and cruel for President Trump to hold the American people, and seniors in particular, hostage if Congress doesn't go along with his plan to gut Social Security for current and future retirees," said Richard Fiesta, executive director of the Alliance for Retired Americans, an organization with over four million members nationwide.
"Choking off Social Security's funding stream is an existential threat to seniors' earned benefits."
--Max Richtman, National Committee to Preserve Social Security and Medicare
"The president's plan is also bad economics. Social Security puts more than $800 billion into the economy each year. Destabilizing the system when we are in the middle of an economic downtown is exactly the opposite of what we need to do," Fiesta added. "The 4.4 million members of the Alliance for Retired Americans call on all members of Congress to refuse to make such a deal. We will fight this attempt to gut Social Security and in November we will remember who was willing to defend and protect our earned benefits."
During a Fox News town hall Sunday night, Trump said he would oppose any additional coronavirus stimulus package that does not include his long-desired payroll tax cut, which would provide zero direct relief to the more than 30 million Americans who have lost their jobs over the past six weeks. The president suggested at a press briefing last month that the tax cut should be permanent.
"We're not doing anything unless we get a payroll tax cut," Trump said Sunday, just days after vowing to protect Social Security and Medicare.
Max Richtman, president and CEO of the National Committee to Preserve Social Security and Medicare, said in a statement Monday that Trump's remarks "set off alarm bells for America's seniors and their advocates."
"Make no mistake: by pushing to cut off the program's funding stream, President Trump is taking the first step toward dismantling Social Security," said Richtman. "The president's campaign to eliminate payroll taxes is a violation of his patently false promises to seniors 'not to touch' Social Security. This proposal goes way beyond 'touching.' Choking off Social Security's funding stream is an existential threat to seniors' earned benefits."
The multi-trillion-dollar CARES Act, which President Donald Trump signed into law in late March, contains a provision allowing employers to delay payment of the payroll tax for at least the duration of 2020.
Advocates warned at the time that the provision, which replaces payroll tax revenue with general revenue, represents a fundamental threat to Social Security's long-term financial health. Nancy Altman, president of advocacy group Social Security Works, predicted that Republicans will "undoubtedly use the general revenue to demand cuts to Social Security in the name of 'reining in entitlements.'"
Senate Majority Leader Mitch McConnell (R-Ky.), a proponent of Social Security cuts, hinted in that direction last month, declaring that "the future of our country in terms of the amount of debt that we're adding up is a matter of genuine concern."
In a statement on Monday, Altman said the president's relentless push for a payroll tax cut shows "how desperately Trump and the right-wing ideologues surrounding him want to defund Social Security, so they have an excuse down the road to demand cuts to our earned benefits."
"Trump's actions are a war on seniors," said Altman. "He wants to open up the economy, even though Covid-19 is disproportionately costing seniors their lives. Now he is insisting on threatening Social Security on which most seniors rely for their food, medicine, and other basic necessities. Members of Congress, particularly House Democrats, need to stand strong and call Trump's bluff."
Grassroots advocacy groups representing millions of retirees and seniors across the United States are speaking out against and urging Congress to oppose President Donald Trump's threat to block desperately needed Covid-19 relief legislation if it does not slash the payroll tax, which funds Social Security and Medicare.
"It is outrageous, callous, and cruel for President Trump to hold the American people, and seniors in particular, hostage if Congress doesn't go along with his plan to gut Social Security for current and future retirees," said Richard Fiesta, executive director of the Alliance for Retired Americans, an organization with over four million members nationwide.
"Choking off Social Security's funding stream is an existential threat to seniors' earned benefits."
--Max Richtman, National Committee to Preserve Social Security and Medicare
"The president's plan is also bad economics. Social Security puts more than $800 billion into the economy each year. Destabilizing the system when we are in the middle of an economic downtown is exactly the opposite of what we need to do," Fiesta added. "The 4.4 million members of the Alliance for Retired Americans call on all members of Congress to refuse to make such a deal. We will fight this attempt to gut Social Security and in November we will remember who was willing to defend and protect our earned benefits."
During a Fox News town hall Sunday night, Trump said he would oppose any additional coronavirus stimulus package that does not include his long-desired payroll tax cut, which would provide zero direct relief to the more than 30 million Americans who have lost their jobs over the past six weeks. The president suggested at a press briefing last month that the tax cut should be permanent.
"We're not doing anything unless we get a payroll tax cut," Trump said Sunday, just days after vowing to protect Social Security and Medicare.
Max Richtman, president and CEO of the National Committee to Preserve Social Security and Medicare, said in a statement Monday that Trump's remarks "set off alarm bells for America's seniors and their advocates."
"Make no mistake: by pushing to cut off the program's funding stream, President Trump is taking the first step toward dismantling Social Security," said Richtman. "The president's campaign to eliminate payroll taxes is a violation of his patently false promises to seniors 'not to touch' Social Security. This proposal goes way beyond 'touching.' Choking off Social Security's funding stream is an existential threat to seniors' earned benefits."
The multi-trillion-dollar CARES Act, which President Donald Trump signed into law in late March, contains a provision allowing employers to delay payment of the payroll tax for at least the duration of 2020.
Advocates warned at the time that the provision, which replaces payroll tax revenue with general revenue, represents a fundamental threat to Social Security's long-term financial health. Nancy Altman, president of advocacy group Social Security Works, predicted that Republicans will "undoubtedly use the general revenue to demand cuts to Social Security in the name of 'reining in entitlements.'"
Senate Majority Leader Mitch McConnell (R-Ky.), a proponent of Social Security cuts, hinted in that direction last month, declaring that "the future of our country in terms of the amount of debt that we're adding up is a matter of genuine concern."
In a statement on Monday, Altman said the president's relentless push for a payroll tax cut shows "how desperately Trump and the right-wing ideologues surrounding him want to defund Social Security, so they have an excuse down the road to demand cuts to our earned benefits."
"Trump's actions are a war on seniors," said Altman. "He wants to open up the economy, even though Covid-19 is disproportionately costing seniors their lives. Now he is insisting on threatening Social Security on which most seniors rely for their food, medicine, and other basic necessities. Members of Congress, particularly House Democrats, need to stand strong and call Trump's bluff."
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.