Saving Social Security for Future Generations

This petition was published by Chuck Walker Sr on Jun 09, 2010

We the undersigned, urge the President’s Fiscal Commission on the Deficit and Members of Congress to protect the Social Insurance Programs upon which millions of Americans, and their families depend.

Cuts to these programs, raising the age of eligibility, taxing benefits, or privatizing these programs will threaten their stability AND harm the beneficiaries who count on them. While we agree that Congress must deal with our national debt, we strongly disagree with the arguments that Social Security and Medicare and Medicaid are to blame.

These programs must be protected and improved. Social Security has a $2.4 trillion reserve. It's long term funding problems can easily be corrected by lifting the cap on earned income that is taxed and by dedicating a portion of the estate tax to the Trust Fund. Medicare and Medicaid costs need to be contained as part of our effort to contain our country’s overall health care costs.

We should be looking at restricting insurance company profits and closing corporate loopholes so that Wall Street pays their fair share. We urge you to oppose efforts to cut or privatize our future, or the future of generations to come.

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