A hard-hitting and revealing investigation of the1% in America at its very worst. Koch Brothers Exposed is the latest film from Acclaimed Director Robert Greenwald (Wal-Mart: The High Cost of Low Price, Outfoxed, Rethink Afghanistan). From environmental pollution to their efforts to dismantle social security for working Americans, the Koch Brothers have launched a large network, attacking our American values.
A Pivotal Moment in American History
With one week to go before an Aug. 2 deadline for raising the nation’s debt limit, the stakes are enormous. Some in Congress continue to press for steep cuts in programs for working families. Social Security, Medicare and Medicaid remain in jeopardy. Funds for education, child care, nutrition, affordable housing, environmental protection and energy independence also are at stake. When Republican leaders talk about $3 trillion or $4 trillion in spending cuts over the next 10 years, with no new taxes on the wealthy and large corporations, please understand what they mean.
SOCIAL SECURITY: The average Social Security recipient who retires at age 65 would get $560 less a year at age 75, under a proposal to change the formula which determines cost-of-living adjustments. The same retiree would get $1,000 less a year at age 85 than under current law. Another provision pushed by House Republicans would require that Social Security always be solvent for 75 years, an avenue to even larger cuts in benefits. All of this would take place despite the fact that Social Security has not contributed one penny to the deficit and has a $2.6 trillion surplus. (more…)