December 21st, 2012
The latest talk out of Washington DC is that President Obama, after winning his hard fought election with the help of many thousands of worker's boots on the ground and many millions of dollars of labor unions political action money - has now opened up discussions about cutting the COLA - the cost of living adjustments, which directly affect how much the checks in those Social Security envelopes will be as inflation kicks in once a recovery gets going. It is also clear that the promise of no tax cuts to those making over $250,000 a year was never written in stone. Meanwhile Boehner and his rat pack seem to still not be clear on who won the election - trotting out another "Plan B" with tax cuts getting extended once again for millionaires, a plan so weak that they couldn't muster the votes to even fake pass their own bill - so went home for the holidays leaving the nation hanging.
Why the President has already offered to raise this tax cut limit to $400,000 from $250,000 is beyond me. There are very few workers I know - actually none- who come close to making that kind of dough. That's the pay of owners and managers - not workers. We'll have to keep fighting brothers and sisters, keep writing those emails to the White House and Congress and tell them in no uncertain terms that this fiscal cliff was nonsense from the start and that the rich have done so enormously well on the backs of the poor and working folks for so long that no is the time to settle up the books. NO CUTS TO MEDICARE OR SOCIAL SECURITY, STICK TO AND END FOR TAX CUTS TO THOSE OVER $250,000.
Read a great blog post on the topic from Damon Silvers of the AFL-CIO:http://www.aflcio.org/Blog/Political-Action-Legislation/Boehner-s-Plan-for-Fiscal-Showdown-Cut-Social-Security-COLA-to-Pay-for-More-Tax-Cuts-for-the-Rich