Retiree Leader Praises Obama Economic Proposal

Would Strengthen Nation, Honor Commitment to Social Security

Washington, DC—(ENEWSPF)—September 19, 2011.  The following statement was issued today by Edward F. Coyle, Executive Director of the Alliance for Retired Americans:

“Retirees laud President Obama for proposing bold ways to revitalize the American economy that are supported by sound fiscal choices and priorities. The President’s stand on increased revenues will address the nation’s debt in a fair and reasonable manner.

“We are particularly pleased that President Obama today reaffirmed his strong commitment to Social Security.  Unlike congressional Republicans and presidential candidates, President Obama recognizes the importance of Social Security and will not try to lower federal spending on the backs of current and future retirees.  Seniors applaud the President for maintaining the current eligibility age for Medicare and Social Security. 

“It is particularly important that, as we make key investments in our future, we continue to honor our nation’s 76-year commitment to Social Security.  Social Security is a truly great American success story, keeping generations out of poverty.  We are no longer a nation where you work until you die.

“We will work closely with Administration and congressional officials to ensure that seniors do not face unfair cuts in Medicare and Medicaid, which help millions of elderly and low-income Americans stay healthy.

“President Obama wants to rebuild America the right way: making smart investments, asking more from those who have sacrificed far too little, and continuing the promise of Social Security for workers and retirees.”