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Mitt Romney deliberately tried to confuse voters about where he stands on many issues. I want to clear up where President Obama and Mitt Romney agree — and where they disagree — on one particularly important issue: Social Security.
President Obama and Romney agree that we need to make gradual changes to make sure Social Security stays solvent over the long term. The disagreement is over how to do it — and that’s where President Obama and Romney have fundamentally different ideas.
President Obama will under no circumstances agree to put your retirement at risk by privatizing Social Security, and he will reject any plan that slashes Social Security benefits. Because Romney opposes any effort to raise a single penny in new revenue, his Social Security plan is forced to rely solely on big benefit cuts to maintain solvency — analysis of a similar plan showed current workers would see cuts of up to 40 percent that would badly hurt their financial security.
Romney and Ryan also supported the Bush privatization plan that would have exposed Social Security benefits to the financial crisis that devastated many pension funds and retirement accounts.
Take a look at this post that details the clear choice voters have on Social Security in this election, and be sure to share it with everyone you know who’d be affected:
Thanks for all you do,
Stephanie
P.S. — Our team has put together a lot of great content about Romney’s false attacks at Wednesday’s debate.
by whitehouse
In this week’s address, President Obama says that Congress should act to keep our nation moving forward by keeping taxes low for 98 percent of Americans, cutting red tape so responsible homeowners can save about $3,000 a year on their mortgage by refinancing at lower rates, and creating a veterans jobs corps to help our returning heroes find work.
Weekly Address: Congress Should Keep America Moving Forward
In this week’s address, President Obama says that Congress should act to keep our nation moving forward by keeping taxes low for 98 percent of Americans, cutting red tape so responsible homeowners can save about $3,000 a year on their mortgage by refinancing at lower rates, and creating a veterans jobs corps to help our returning heroes find work.
In October, the White House is working to recognize a range of important causes:
Energy Datapalooza: On Monday, the White House hosted an Energy Datapalooza highlighting private-sector entrepreneurs and innovators who are using freely available data from the government and other sources to build products, services, and apps hat advance a secure and clean energy future.
MRAP Task Force: Also on Monday at the Pentagon, the Vice President commemorated the achievements of the Mine-Resistant Ambush-Protected vehicle (MRAP) Task Force—the men and women who helped accelerate the production and fielding of protective vehicles to our forces in Iraq and Afghanistan, saving the lives of thousands of Americans. Learn more about the MRAP achievement here.
Educating the Educators: On Wednesday, Dr. Jill Biden announced that more than 100 colleges have signed on to Operation Educate the Educators, a partnership between the American Association of Colleges for Teacher Education and Military Child Education Coalition. To learn more, read Dr. Biden’s blog post about this major milestone.
The Employment Situation in September: Today, the Bureau of Labor Statistics released the latest jobs report, showing that private sector establishments added 104,000 jobs last month, and overall non-farm payroll employment rose by 114,000. The economy has now added private sector jobs for 31 straight months. For more information, read Chairman of the Council of Economic Advisors Alan B. Krueger’s blog post.
Equal Futures: Last week, the United States, along with 12 other founding nations, announced Equal Futures, a new partnership between the U.S. and other nations to advance the rights and opportunities of women and girls. Today, the White House hosted a special Office Hours session with Valerie Jarrett, Senior Advisor to the President and Chair of the White House Council on Women and Girls and Samantha Power, Senior Director for Multilateral Affairs, to answer questions about how the Obama Administration is working to empower women and girls through the Equal Futures Partnership. See what you missed during the live Q&A on Twitter here.
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