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Published on Dec 4, 2012
Grassroots Leaders Protest Wall Street and CEO Led 'Fix The Debt' Conference Push
Under Banner of Jobs Not Cuts, State and National Organizations Call On Congress to Reject Cuts to Social Security, Medicare and Medicaid and Invest In Job Creation
On Tuesday, December 4th Grassroots leaders from AL, IA, IL, ME, MN, MO, MT, NH, OH and VA joined with the Campaign for Community Change, Social Security Works, Health Care for America Now, and Campaign for America's Future to protest at the "Fixing the Debt: Reforming the Tax Code and Federal Health Spending" conference held at the Grand Hyatt Washington.
Operating under the name "Fix the Debt," a group of more than 90 CEOs is pushing an austerity agenda aimed at middle class programs while shielding millionaires, billionaires and big corporations from necessary tax increases. In a Nov. 25 appearance on NBC's Meet the Press, a charter member of Fix the Debt, Honeywell CEO David Cote, said, "We have a significant problem with entitlements, Medicare and Medicaid in particular." It was an odd choice for spokesman: According to a recent report by the Institute for Policy Studies (http://www.ips-dc.org/reports/pension...). Cote has retirement assets of more than $78 million and his company's pension is underfunded by $2.8 billion.
What America needs right now are more jobs -- quality jobs that pay living wages, guarantee the right to collectively bargain and organize, and are accessible to the people who are looking for work right now.
Who: Campaign for Community Change, Social Security Works, Health Care for America Now State Organizations: Iowa Citizens for Community Improvement Action Fund, Jane Addams Senior Caucus, IL, Lakeview Action Coalition, IL, Maine People's Alliance, TakeAction Minnesota, Missouri Organizing Collaborative, Community Organizations in Action, Montana Organizing Project, Granite State Organizing Project (GSOP), New Hampshire Citizens Alliance, Ohio Organizing Collaborative, Virginia Organizing, Federation of Congregations United to Serve (FL), Federation of Child Care Centers of Alabama
Contacts: Burke Stansbury, Campaign for Community Change, (718) 832-9399 Alex Lawson, Social Security Works (202) 997-7002