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Local Lodge 1005
believes that IAM members must be active participants in politics to
protect their rights on the job and their families future. |
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Social
Security
More than 90% of
working Americans depend on Social Security as the foundation of a
secure retirement. You work too hard to risk it on President Bush’s
privatization plan.
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| Past Actions We had to fight to get where we are today!
WASHINGTON — Summoned to success by President Barack Obama, the Democratic-controlled Congress approved historic legislation Sunday night extending health care to tens of millions of uninsured Americans and cracking down on insurance company abuses, a climactic chapter in the century-long quest for near universal coverage.
To pay for the changes,
the legislation includes more than $400
billion in higher taxes over a decade,
roughly half of it from a new Medicare
payroll tax on individuals with incomes over
$200,000 and couples over $250,000.
A new excise tax on
high-cost insurance policies was
significantly scaled back in deference to
complaints from organized labor.
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