April 12, 2013
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The Alliance joined the broad Strengthen Social Security coalition Tuesday at the White House to deliver 2.3 million petitions against the proposal to change the Social Security cost of living adjustment (COLA) to the chained CPI formula, which would cut benefits for current and future beneficiaries. President Obama’s budget released Wednesday outlines over $4 trillion in deficit reduction, but headlines centered around his first-ever proposal to cut Social Security. Tuesday’s action was widely covered in the media. Tens of millions of workers, seniors and disabled veterans were represented. Their message: “We must not balance the budget on the backs of the elderly, disabled vets, the sick, the women or the children.” Senator Bernie Sanders (I-VT), headlining Tuesday’s event, said, “When one out of four major profitable corporations pays nothing in federal income taxes, we know how we can deal with deficit reduction in a way that is fair.” Videos from the press conference and rally can be viewed here http://bit.ly/ZKr1Lh.