Sunday, December 21st, 2014

Promises about Social Security on The Obameter

Lift the payroll tax cap on earnings above $250,000

"Barack Obama believes that the first place to look to strengthen Social Security is the payroll tax system. Obama believes that one strong option is increasing the maximum amount of earnings covered by Social Security by lifting the payroll tax cap on only earnings above $250,000."

Create a National Commission on People with Disabilities, Employment, and Social Security

Create a national commission charged with "examining and proposing solutions to work disincentives in the SSDI, SSI, Medicare, and Medicaid," among other things.

Streamline the Social Security disability approval process

"The Social Security Administration (SSA) has been consistently under-funded, resulting in unconscionable delays in initial claims determinations and hearings for individuals applying for the Social Security Disability Insurance (SSDI) and Social Security Supplement Security Income (SSI) programs. ... Barack Obama and Joe Biden are committed to streamlining the current application and appeals procedures to reduce the confusion that surrounds these important programs. As president, Obama will also ensure that the SSA has the funding it needs to hire judges and staff and to invest in technology to expedite final decisions."

Oppose efforts to privatize Social Security

"And we will keep the promise of Social Security, strengthen it, but we won't turn it over to Wall Street."