New York Voters 50+ Oppose the Chained CPI, Believe Social Security Should Not Be Cut to Reduce the Deficit
NEW YORK, April 8, 2013 /PRNewswire-USNewswire/ -- Today AARP New York released a new survey finding 86 percent of New York State's 50+ voters would be considerably less favorable to their member of Congress or Senator if the member voted for a chained or superlative CPI proposal, expected to be in the President's budget proposal this week. The survey shows that 87 percent of New York voters age 50+ oppose the highly unpopular idea of reducing Social Security benefits to reduce the deficit.
Under the proposal, New Yorkers stand to lose $8.46 billion in Social Security and veterans' disability and military pension benefits over the next 10 years.
"This cut to Social Security would break the promise to New York seniors and hurt veterans who've sacrificed so much for this great country," said AARP Beth Finkel, State Director for AARP New York. "The chained CPI reduction snowballs over time and would increase taxes for most New York taxpayers - at the same time that it cuts benefits for children, veterans, widows, retirees, and people with disabilities. As this survey shows, older New Yorkers oppose the chained CPI and they've historically made their opinions known to their elected officials."Results of the survey on the impact of chained CPI include:
- 69% of New York voters 50+ would be less favorable towards their Member of Congress if they voted for a chained or superlative CPI (65% Democrats, 67% Republicans, 73% Independents).
- 72% of New York voters 50+ oppose reducing the annual benefit increase retired and disabled veterans receive by changing the way the cost of living increase is calculated for veterans' benefits (76% Democrats, 69% Republicans, 69% Independents).
- 86% of 50+ voters in the state believe it's very important that benefits are not reduced for today's seniors.
- 50% of voters 50+ New York voters oppose increasing taxes for most taxpayers by changing the way the tax code is adjusted for inflation through chained CPI (51% Democrats, 58% Republicans, 51% Independents). However, 15% said they do not know if they support or oppose this, indicating there is little public understanding of how the chained CPI would affect a person's taxes.
- 87% oppose reducing Social Security benefits to reduce the deficit (90% Democrats, 82% Republicans, 88% Independents).
- 85% believe that the future of Social Security should be considered separately from the budget deficit discussions (87% Democrats, 82% Republicans, 85% Independents).