Political Quotes

“Madam President, exactly 3 weeks ago the Social Security Administration made a very quiet announcement. Next year, for just the third time since 1975, seniors who receive Social Security won't be getting an annual cost-of-living increase. Two-thirds of seniors depend on Social Security for the majority of their income. For 15 million Americans, Social Security is all that stands between them and poverty. But not one of these Americans--not one--will see an extra dime next year. Millions of other Americans whose benefits are pegged to Social Security--millions who receive veterans' benefits, disability benefits, and other monthly payments-- won't see an extra dime either. These are tough times--but not for everyone. According to most recent data from the Economic Policy Institute, CEOs at the top 350 American companies received on average a 3.9-percent pay increase last year. That is a lot of money because the average CEO pay at one of the top 350 American companies was a cool $16.3 million in 2014. On average, they got more than half a million dollars each in pay raises. So CEOs get huge pay raises while seniors, veterans, and others who have worked hard--70 million of them--will get nothing. Why? It is not an accident; it is the result of deliberate policies set right here in Congress. Social Security is supposed to be indexed to inflation so that when prices go up, benefits will go up, too.…”