June 30, 2011 WASHINGTON, D.C. – In a continued effort to bring news and relevant information about our federal government back to his home district in Los Angeles, Representative Xavier Becerra (CA-31), Vice Chair of the House Democratic Caucus and Ranking Member of the Social Security Subcommittee, brings you “The Becerra Bulletin,” an e-newsletter filled with facts and information meant to stimulate thought and discussion about American economic policy and a host of other issues.
OUR BIGGEST DEFICIT IS THE JOBS DEFICIT The best way to reduce the deficit is to put Americans back to work. Yet, as 14 million Americans continue to look for work (Bureau of Labor Statistics), the Republican controlled Congress has failed to consider a single measure to create jobs. Their agenda has focused on ending Medicare,privatizing Social Security, halting earned unemployment benefits—and threatening to stop paying the bills. Instead of promoting job creation, this agenda undermines economic growth and stability. Here’s a look at what could happen to the job market if the Republican agenda became the law of the land:
Repealing health care reform (H.R. 2) could eliminate up to 400,000 jobs annually (Center for American Progress).
The 2011 spending bill (H.R. 1) put 700,000 American jobs at risk (Mark Zandi / Moody’s Analytics).
The 2012 “Ryan Budget” (H. Con. Res. 34) would end Medicare and cost 1.7 million Americans their job (Mark Zandi / Moody’s Analytics).
Ending the federal guarantee of extended unemployment insurance (H.R. 1745) for the long-term unemployed could throw the families of up to 4 million Americans who are out of work through no fault of their own into poverty (Ways and Means Committee).
SHORT TAKES – WASHINGTON, D.C.
REP. BECERRA LEADS DEMOCRATIC HOUSE MEMBERS IN CALLING OUT PLAN TO CUT SOCIAL SECURITY BENEFITS On June 22, Rep. Becerra, the highest ranking Democrat on the Ways and Means Subcommittee on Social Security, organized a press conference with fellow Democratic members of Congress to call attention to recent proposals to reduce the Social Security Cost of Living Adjustment (COLA) for retired and widowed Americans in order to reduce federal budget deficits. A new analysis by Social Security’s Chief Actuary of a proposal to base COLAs for current and future retirees and widows to a “chained Consumer Price Index (CPI)” found that the result would be the older you get, the bigger the cut:
At the press conference, Rep. Becerra said: “The budget deficits we face were created principally by the unpaid for Bush tax cuts, and wars in Iraq and Afghanistan, and the Bush Recession—not Social Security. In fact, Social Security has never added a dime to our deficits. Yet, we are now seeing Republican proposals that target seniors and widowed Americans with cuts to their hard-earned benefits to pay for these past policy mistakes. It is unconscionable to make a radical change to the COLA—so that the older you get, the bigger the cut—in order to prop up irresponsible tax cuts for oil companies and billionaires. Let’s reduce the deficit responsibly, not on the backs of seniors and widows.”
SHORT TAKES – LOS ANGELES
REP. BECERRA ON SECURE COMMUNITIES: “WE’VE REACHED THE TIPPING POINT” On June 10, Rep. Becerra was joined by Reps. Judy Chu (CA-32), Lucille Roybal-Allard (CA-34) and former Los Angeles police chief and current City Councilmember Bernard C. Parks (CD-8) and Councilmember Jan Perry (CD-9) at a press conference on the steps of City Hall to urge Governor Jerry Brown to join the governors of New York, Illinois and Massachusetts to suspend California's participation in the Department of Homeland Security's (DHS) Secure Communities program. At the press conference Rep. Becerra released a letter to Gov. Brown signed by seven area members of Congress asking him to suspend California’s participation in the program. Watch Rep. Becerra’s remarks at the press conference here: