Sanders, Democrats urging Obama to expand Social Security

Sanders, Democrats urging Obama to expand Social Security
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Scores of Democrats are calling on President Obama to champion an expansion of Social Security benefits for millions of seniors nationwide.

In a letter to be delivered to the White House Monday, the lawmakers say evolving trends surrounding employer retirement packages have put a financial squeeze on the nation's retirees. They want the president to fill the gap by expanding Social Security.

"As employers continue moving from a defined benefit model to a defined contribution model of retirement savings, it is critical that we fight to protect and expand Social Security — the only guaranteed source of income in retirement," the lawmakers write.

Their campaign coincides with Monday's White House Conference on Aging, a once-in-a-decade event where administration officials will discuss specific policy prescriptions for the nation's seniors.

The Democrats want a Social Security expansion to be "the number one retirement security recommendation" put forth by the White House.

The Democrats cite polls indicating that such an expansion is both necessary — "more than half (53 percent) of today's working Americans are not expected to have sufficient resources upon retirement to maintain their standard of living," they write — and enormously popular.

"This support crosses party lines: 90 percent of Democrats, 73 percent of Independents, and 73 percent of Republicans favor expanding Social Security," they write.

The letter is spearheaded by Sen. Bernie SandersBernard (Bernie) SandersDems ponder gender politics of 2020 nominee 2020 Dem contenders travel to key primary states After Florida school shooting, vows for change but no clear path forward MORE (I-Vt.), ranking member of the Budget Committee and a 2016 presidential contender, and Rep. John Conyers Jr. (D-Mich.). They join Sens. Elizabeth WarrenElizabeth Ann WarrenTrump's SEC may negate investors' ability to fight securities fraud Schatz's ignorance of our Anglo-American legal heritage illustrates problem with government Dems ponder gender politics of 2020 nominee MORE (D-Mass.), Sherrod BrownSherrod Campbell BrownLawmaker interest in NAFTA intensifies amid Trump moves Dem senator shares photo praising LeBron James after Laura Ingraham attacks Trump gets recommendation for steep curbs on imported steel, risking trade war MORE (D-Ohio) and 68 House Democrats in endorsing the letter.

Senior advocates are also joining the fight. A host of liberal groups plan to deliver a petition — 2 million signatures long — to the White House conference on Monday echoing the lawmakers' push for a Social Security expansion. The sponsoring groups include the AFL-CIO, the Campaign for America's Future, the National Organization for Women and Social Security Works.

Social Security has divided Obama and his liberal allies on Capitol Hill. The president infuriated many Democrats in 2013 when he unveiled a 2014 budget package that would calculate future cost-of-living increases in Social Security using the chained consumer price index (CPI), which would reduce benefits over time.

The move was largely political: Obama had included the provision as an olive branch to Republicans, who have long championed benefit cuts under Social Security, Medicare and Medicaid in the name of reducing spending and shrinking government. But the provision did nothing to bring GOP leaders to the budget negotiating table.

Although Obama had emphasized that he would consider the chained-CPI provision only as part of a package deal that included tax hikes, many liberal Democrats were nonetheless outraged that he would open the door to cutting seniors benefits.

Sanders on Sunday, while describing Obama as a friend, said the president made a mistake in thinking Republicans were willing partners in legislative compromise.

"What he did after the election is what he said to the millions of people who were so excited about his campaign, he says, 'Hey, thank you very much for electing me; I will take it from here. I'll sit down with John BoehnerJohn Andrew BoehnerRestoring fiscal sanity requires bipartisan courage GOP congressman slams primary rival for Ryan donations Speculation swirls about Kevin McCarthy’s future MORE. I will sit down with Mitch McConnellAddison (Mitch) Mitchell McConnellLawmakers feel pressure on guns Bipartisan group of House lawmakers urge action on Export-Import Bank nominees Curbelo Dem rival lashes out over immigration failure MORE. I'll sit down with Republicans and I'm going to negotiate some fair compromises,'" Sanders said on CBS's "Face the Nation" program.

"The truth is Republicans never wanted to negotiate. All they wanted to do was obstruct."

Read letter from Democrats