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Saturday, May 3, 2014

$10.10 makes Social Security stronger

Subject: $10.10 makes Social Security stronger

SocialSecurityWorks.org Melissa,

Yesterday, the Senate minority filibustered a proposal to turn back the rising tide of income inequality that has been eating away at the social fabric of our nation for years.

Not only would the proposal help 28 million Americans put food on the table, it would extend the life of our Social Security system's trust fund.

That's why it's more important than ever to put your name on the line: We need to raise the minimum wage now.

It's the right thing to do.

Thank you,
Alex Lawson
Executive Director
Social Security Works

  Social Security Works  


Over the last four decades, income inequality has been eating away at the American social fabric. It is a core American value that those who work hard and play by the rules not be left to live or retire in poverty.

And, while this issue is vitally important to the approximately 28 million workers who would benefit from a wage increase, this inequality has been eating away at the finances upholding our Social Security system.

Join Social Security Works in demanding that Congress raise the federal minimum wage. Tell them that raising the minimum wage not only helps workers; it strengthens Social Security!

In recent years, 95% of all new income in America has gone to the top 1%. And, at the same time, workers' wages have been stagnant. This unequal growth in wages is responsible for one-third of Social Security's projected long-term funding shortfall.

You and I know that all it really takes to extend the life of Social Security is to ask the wealthy to start paying their fair share of taxes. Raising the minimum wage wouldn't replace that goal—but it would undoubtedly be a good start.

Join us in calling on Congress to raise the minimum wage and strengthen our Social Security system!

Today, 15% of seniors live in poverty. And a Social Security benefit check for a lifetime minimum wage worker who retires at age 62 is just $686 per month or $916 per month if they retire at age 66. Any way you cut it, this retirement income is below the poverty level.

Congress must address the growing gap between the very wealthy and everyone else. And raising the federal minimum wage is a crucial first step.

Tell Congress: when you raise the minimum wage you lift families out of poverty and strengthen Social Security.

Thank you for your continued support and for all that you do.

Michael Phelan
Social Security Works


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