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Warning on Social Security, Medicare cuts

Seniors, people with disabilities, and the poor shouldn’t be pushed over a “fiscal cliff” manufactured by politicians.

That’s the message of a coalition of senior, disability, community and labor organizations that is hosting an accountability sessions with local members of Congress, Tuesday, October 30, 4 p.m., at the Chicago Temple, 77 W. Washington.

Representatives Danny Davis and Jan Schakowsky have confirmed their attendance, and others are expected, said Gary Arnold of Access Living.

Sponsors of the event include Access Living, Illinois Alliance of Retired Americans, IIRON, Jane Addams Senior Caucus, Jobs With Justice, and the Lakeview Action Coalition.

They’ll ask legislators to oppose cuts to Social Security, Medicare, and Medicaid in any resolution of the impasse over the debt ceiling to be considered in Congress after the November 6 election.

Neither Democratic nor Republican proposals – nor automatic cuts set to go into effect if no deal is reached – are good options, said Tom Wilson of Access Living.

Democrats would reach deficit reduction goals with a mix of heavy budget cuts and increased taxes on the wealthy; Republicans have proposed only spending cuts.  A “sequestration” plan if no deal is reached would involve 8 percent across-the-board cuts in domestic and military spending.

“Any of the solutions they’re talking about would drive us right back into recession, throw a lot of people out of work, and send the economy into a downward spiral,” said Wilson.

He said for people with disabilities, sequestration would actually impact Medicaid less than either the Democratic or Republican proposals.

The coalition is calling on legislators to back the expiration of the Bush tax cuts for all taxpayers and a financial transaction tax that could raise billions of dollars, he said.

The groups are also backing Schakowsky’s Emergency Jobs Act (HR 2914) and the Principal Reduction Act (HR 3841), which would require Fannie Mae and Freddie Mac to reduce principal on loans to underwater homeowners.

Those bills “would give millions of people the tools and resources to stay in their homes, get back to work, and contribute to their communities,” said Arnold.

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Category: disability, economy, foreclosures, health, jobs, seniors

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