Commission Featured on Economic Policy Institute Blog

Social Security Advocates Go on the Offensive
By Monique Morrissey

In March, the AFL-CIO issued a call-to-arms on Social Security, saying, “We have to stop playing defense, because we have nothing to be defensive about.”

Advocates have taken up the challenge, coalescing around a strategy centered on eliminating the cap on taxable earnings, raising the cost-of-living adjustment (COLA) to reflect the higher out-of-pocket medical expenses faced by seniors, and increasing benefits across the board in ways that provide larger percentage increases for low-income beneficiaries. Building on a bill introduced in 2010 by Congressman Ted Deutch (D-Fla.) that included the first two of these measures, Senator Tom Harkin (D-Iowa) made them the centerpiece of the retirement provisions in his Rebuild America Act. Continue reading