Dear friend, On Tuesday, the deficit Super Committee announced that they were not able to come to agreement. Republicans absolutely refused to budge on protecting giant tax breaks for the 1% and insisted instead on massive cuts to crucial programs including Social Security.
But thanks in part to grassroots pressure from hundreds of thousands of people—including you—the Democrats on the committee refused to give in to Republican extremism.
And that means NO mandatory cuts to Social Security.
The buzz on cable news makes it seem like the Super Committee's failure is a big letdown.
But the truth is that our pressure helped Democrats stand strong against Republican plans to savage Social Security, Medicare, and Medicaid just so the super-wealthy wouldn't have to pay more in taxes.
The Super Committee was created back in July when conservative Republicans held our nation's finances hostage to a bogus default crisis. What it should have done is raise revenue by making Wall Street and the 1% pay their fair share. That's the real failure of the Super Committee.
At least now, we've helped stop the threat of Social Security cuts from the Super Committee, and it's time to turn our attention to what's next—rolling back terrible cuts in 2013 that were part of the awful debt ceiling deal in July.
We need to stop cuts to education, health care, job creation, environmental efforts, and more. Those programs aren't the source of the deficit. The deficit was caused by irresponsible tax breaks, the recession itself, and two wars.
Fortunately, the cuts don't start until next year, and we have several months to organize and make our voices heard. We'll be back in touch about ways that you can help stop the 2013 cuts.
You, along with nearly 200,000 other Rebuild the Dream members, signed the petition to stop the Social Security cuts. That is the biggest number since we launched just a few months ago, and it shows the impact we can have together. We also helped stop cuts to Medicare and Medicaid in the process.
This is an important moment that progressives should feel good about, due in part to work that Rebuild the Dream members have done.
Stay tuned for more ways you can help rebuild the American Dream.
Thank you for being a part of, and believing in, this movement. –Natalie, Van, Billy, Jim, Ian, Somer, and the rest of the Rebuild the Dream team |
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