National Committee to Preserve Social Security and Medicare

Social Security Administration/Public Domain

In one of its first actions the new House of Representatives voted to approve a rule that blocks the transfer of funds from the Social Security’s larger retirement and survivors’ trust fund to the disability trust fund. Vermont independent Senator Bernie Sanders, a critic of the action, notes that such transfers have been done routinely in the past under both Republican and Democratic presidents.  Vermont’s junior Senator is working with The National Committee to Preserve Social Security and Medicare to assure the reallocation occurs.  WAMC North Country Bureau Chief Pat Bradley spoke with Max Richtman, the President and CEO of the National Committee, about its concerns over the House rule.

GOP-Democratic logos: DonkeyHotey/Flickr, 21st District Map: U.S. House

An ad running in the northern New York Congressional race has caught the attention of a national advocacy group. And they’re not happy with what it says about Social Security.

Public Domain/Wikimedia Commons

Advocates across the nation and in Vermont are raising red flags over President Obama’s inclusion of a Chained CPI in the proposed budget proposal.  The system would use the Chained Consumer Price Index as the cost-of–living adjustment for Social Security, Medicare, veterans and other programs.  Opponents say it will in essence cut benefits to those programs.