In order to respond to the deficit crisis, Federal Representatives and Senators must take 5% salary cut as well as Freeze their salaries for 5 years before trying to adjust Social Security. Do not put burden on weakest population of the country like seniors, Veterans and disables.
President Obama agreed to take 5% cut on his salary more appropriate is if all federal senators and representatives take 5% salary cut and freezes their salaries for 5 Years.
Savings for retirement as per CESI debts solutions On Line survey of 212 people, July, 2010.
Seniors do not have any savings, 30%, Seniors have 1000 to 9,999, 16%, Seniors have 10,000 to 49,000, 13%,Seniors have 100,00 or more 32%, the margin of error +,-,6,73%. Source Tribune newspaper,June 26,2011.
Sharmi Trivedi
sharfmi_trivedi@yah