TPM: Sestak Joins Pledge To Oppose Social Security Cuts

Senate candidate Rep. Joe Sestak (D-PA) is the latest to join the progressive petition opposing any cuts to Social Security.

“Joe joined the statement at and opposes any effort that would not maintain present benefits,” his spokesman says. “We know that two-thirds of retirees rely on Social Security for most of their retirement income and the system can be protected without risking seniors’ retirement savings in the stock market. As one example of how to address solvency without harming current benefits, a return to the tax rates of the Clinton era (when we created 23 million jobs) for the top two percent of earners – the wealthiest of Americans who received the majority of the tax cuts of the Bush era (when we created zero net jobs) – would cover Social Security’s shortfall over the next 75 years.”

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