What will happen to our Social Security benefits? This question is being asked by the program’s 56 million recipients in response to the Obama administration’s proposal to cut the annual cost-of-living raise for all who receive these monthly checks, as part of his 2014 budget.
Postal worker Melissa Rakestraw reports on a retreat in the attack on the post office. SocialistWorker.org
April 16, 2013
Image by Dandelion Salad via Flickr
A PLAN to eliminate Saturday mail delivery and slash postal jobs has been canceled for now, according to an April 10 statement from the U.S. Postal Service Board of Governors.
Specifically, the board said Congress required the post office to continue 6-day delivery in a continuing budget resolution passed last month. The Government Accountability Office had also issued an opinion that Postmaster General Patrick Donahoe didn’t have the legal right to unilaterally end Saturday delivery.
Citizens concerned about our national debt and wheeling and dealing on Wall Street should energetically support Rep. Keith Ellison’s (D-Minn.) “Inclusive Prosperity Act.”
The “Inclusive Prosperity Act” would enact a speculation tax that could help shrink our nation’s deficit while safeguarding and reducing runaway speculative trading on Wall Street.
A small financial transaction tax of 0.5 percent or less – depending upon the financial instrument being taxed – could produce hundreds of billions of dollars annually, perhaps as much as $350 billion. Continue reading →