Forces are gathering in Washington to make sweeping changes in Social Security, with the White House leading the charge. Using his “mandate victory” of 2%, President Bush is making plans to privatize Social Security to the determent of America’s workers. This is building up to be one of the most important battles the working class has faced in years. It will take a concentrated effort to turn back the billions that corporations are throwing into the ring to break down the rights of workers.

President Bush’s Social Security scheme will costs $2 trillion and would entail massive cuts in promised benefits. While workers see cuts, bankers and brokers will live fat on the windfall they will receive at the expense of workers. The Washington Post reports that "a retiree in 2075 would receive 54 percent of the benefit now promised."

Education and information is the key to wading through the misinformation that the White House is using to sale this tainted bill of good. We need to contact our elected representatives and tell them to stop the White House from dismantling Social Security!

History of Social Security
For over 60 years Social Security has been the building block for taking care of America’s workers. It provided workers with a basis for saving for retirement, while protecting workers with a safety net in the event they became disabled and were no longer able to provide for their families.

Prior to the current system, families were left to provide care for the aging loved ones. President Franklin Roosevelt saw the growing need for a plan to care for America’s aging and developed a commission to study the issue. On August 14, 1935 the Social Security Act was signed into law, putting a plan in place to cover America’s aging workers.

Over the next 15 years amendments were passed to strengthen program for the future. On August 1, 1956, the Social Security Act was amended to provide benefits to disabled workers aged 50-65 and disabled adult children. Over the next 2 years, Congress broadened the scope of the program, permitting disabled workers under age 50 and their dependents to qualify for benefits, and eventually disabled workers at any age could qualify.

The decade of the 1960s brought additional changes to the Social Security program. Among the most significant was a provision in the Amendments of 1961 lowering the age at which men are first eligible for retirement benefits to 62 (women previously were given this option in 1956).

The most significant change involved the passage of Medicare. Under Medicare, health coverage was extended to Social Security beneficiaries aged 65 or older (and eventually to those receiving disability benefits as well). Nearly 20 million beneficiaries enrolled in Medicare in the first 3 years of the program. SSA would continue to have responsibility for all aspects of the Medicare program until a 1977 reorganization created the Health Care Financing Administration (HCFA). HCFA assumed administrative responsibility for Medicare at that time.

Social Security reform revisited
By Amy Fagan
Washington Post

Help Still Needed On Social Security

Social Security Battle Not Over Yet

Shifting Risk
Workers today near retirement more vulnerable and with lower pensions
July 21, 2005 By Lee Price Economic Policy Institute

House GOP Plan Swaps Benefits, Accounts
By DAVID ESPO, AP Special Correspondent LA Time
July 18, 2005

UAW Social Security Update

Bush Backs Soc. Sec. Bill Without Accounts
Associated Press - 6/21/2005

Social Security may be just the beginning
By Gail Russell Chaddock | The Christian Science Monitor

In Overhaul of Social Security, Age Is the Elephant in the Room
Published: June 12, 2005

Who Gets What: Simple, Yet so Complicated
By Richard Wolf

Retirement Income: The Crucial Role of Social Security
Economic Policy Institute - 5/25/2005

UAW Action Alert To Stop Privatization of Social Security

Bush's Plan for Retirement Leaves G.O.P. in a Quandary
New York Times - 5/23/2005

Why pensions are becoming even scarcer
Christian Science Monitor - 5/16/2005

John Podesta: Progressive Indexation
Center for American Progress - 5/16/2005

Hubbard: Bush Plan May Shrink Survivor Aid
Associated Press - 5/12/2005

Many Low-Income Beneficiaries Would Face Social Security Benefit Cuts Under President's Plan
Center on Budget and Policy Priorities - 5/10/2005

Krugman: The Final Insult
New York Times - 5/9/2005

Democrats stand pat on
Social Security
Boston Globe - 5/8/2005

GOP, Like Companies, Want Workers to Carry the Safety Net
Los Angeles Times - 5/8/2005

U.S. Warns A.F.L.-C.I.O. on Protests About Social Security
New York Times - 5/5/2005

Not rich? Not poor? Watch out
Boston Globe - 5/4/2005

A Gut Punch to the Middle
Published: May 2, 2005

Social Security Privatization: Abandoning Family Values
by Radha Chaurushiya and Christian E. Weller
April 27, 2005

Editorial: How About A Plan?
Newsday 04/12/05

A Misinformed Public: The Real Problem
Center for Economic and Policy Research - 4/12/05

Bush Counts on Thomas to Rescue Lagging Social Security Effort
Bloomberg 04/14/05

The Point of No Returns
Libby Perl, The Century Foundation, 3/30/2005

The Social Security 'bait and switch'

Dan Hofrenning
April 5, 2005

Click Here For More Headlines On Social Security

AFL-CIO Social Security Information

AARP Information On Social Security

The Social Security Network

The Social Security Privatization Hoax By Norman D. Livergood

Daily Updates

Past Presidents Thoughts On Social Security

The “Final Solution” to the Social Security Problem
Bernard Wasow, The Century Foundation, 1/10/2005

Twelve Reasons Why Privatizing Social Security is a Bad Idea
Greg Anrig Jr., Bernard Wasow, The Century Foundation, 12/14/2004

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