Today at NSC

October 24, 2014

Going through comment mail today. We are looking forward to reading your excellent comments and hopefully putting new testimonials in the newsletter.

Social Security

The latest news about Social Security and what NSC is doing to protect everything you have earned.

The National Seniors Council continues to lead the fight to prevent Congress and the Obama Administration from confiscating private retirement savings as part of a scheme to create a new “national retirement system.”

 

During negotiations between Congress and the Administration over the so-called “fiscal cliff,” NSC’s website was nearly overwhelmed with visitors seeking information on efforts to change the tax code to limit the ability of Americans to save on their own for retirement.

 

National Director Robert Crone warned that, “As part of the Administration’s continuing drive to redistribute wealth, the National Seniors Council believes that tax-deferred contributions to retirement plans like 401(k)s and IRAs may very well be on the table in bipartisan budget negotiations going on right now between Congress and the White House. NSC will vigorously oppose any such ‘compromise.’”

Read more: NSC Battles Government Efforts to Seize Private Retirement Savings

The National Seniors Council is preparing for all-out war against possible proposals to reform Social Security that will hurt current retirees.

 

“All three of these measures would significantly change the amount of benefits current seniors receive and NSC will oppose each of them,” National Director Rob Crone warns.

 

“The problem with Social Security is not that current seniors are too greedy, but that the program is a political mess. Congress has treated the Trust Fund like its own personal piggy bank instead of a retirement fund, current CoLAs don’t reflect the true inflation rate of the cost of goods and services seniors buy, Social Security is already means-tested, and any plan that raises the retirement age for seniors who are about to retire is simply not fair.”

Read more: Significant Social Security Cuts Remain on the Table

Facing a sour economy and a federal government that seems increasingly hostile to the cares and concerns of senior citizens, the National Seniors Council’s leadership says it considers 2012 a pivotal year.

“The NSC board of directors has been taking a look at the political and economic environment and it is clear to us that 2012 will be the most important and difficult year for NSC,” explains Robert Crone, the Council’s National Director. “Seniors are scared. NSC’s fundraising is way off so we may have to scale back our programs next year and the Obama Administration seems determined to keep advancing its big-government anti-seniors agenda.”

Read more: Board Says Next Year Critical for Council and Seniors

The National Seniors Council continues its grassroots campaign to garner support for the Social Security Preservation Act (H.R. 211).  This proposed legislation would protect Social Security from further government raids and prohibit the Obama Administration from turning Social Security into a welfare program in which the program’s funds could be diverted from the Social Security Trust Fund and paid out to people who didn’t earn them.  Currently, the legislation was introduced by Representative Ron Paul (R-TX) in January 2012 and was referred to the House Committee on Ways and Means which then sent it to the House Subcommittee on Social Security where it is still stalled. NSC has mailed an urgent petition to key supporters in critical jurisdictions across the nation to urge Congressional action on the measure.

President Obama and Congressional liberals are vowing to "protect" Social Security. However, according to the National Seniors Council, their promises ring hollow.

"Big government liberals are the ones who have almost bankrupted Social Security," says NSC National Director Robert Crone. "They have been raiding the Social Security Trust fund for decades now. For them to say they support Social Security and, even worse, they believe the program is financially sound is ridiculous."

Read more: President’s Pledge to Protect Social Security Is a Joke, Says NSC