AFL-CIO Media Outreach fellow Jennifer Angarita contributed to this report.
As Social Security turns 75 years old Aug. 14, the nation's most successful social program likely will be under attack by the federal budget deficit commission, which, by all accounts, is considering benefits cuts and raising the retirement age.
Today, more than 60 groups, including the AFL-CIO, announced the creation of the coalitionStrengthen Social Security...Don't Cut It. The group is launching a major mobilization to push back the commission's phony assertions, backed by the Wall Street spin machine, that claim Social Security is a major component of the budget deficit and is teetering on the brink of disaster.
Big Wall Street banks wrecked the American economy and killed American jobs—then took $700 billion in taxpayer bailouts. We are 11 million jobs in the hole—and it's time for Wall Street to help pay to create them.
The 2010 AFL-CIO Executive PayWatch highlights six Wall Street corporations using taxpayer money for big bonuses and lobbying and updates info on CEO pay data.
