The vaunted 401(k) revolution has left few Americans with a nest egg.
The “Fix the Debt” lobby group called a recent IPS report “lies and mudslinging.” But rather than attacking IPS research, the group may want to focus on resolving their own inconsistencies.
A new report looks at pro-austerity CEOs who seek to widen tax haven loopholes.
A gaping tax loophole pads executive pay and the federal debt.
This is a chance for the American public to engage in a critical debate over national priorities.
Don’t believe the cliff hype.
One billionaire has the wherewithal to totally redirect America’s political discourse.
Beware of wealthy CEOs who are lecturing the rest of us about tightening our belts.
We drank your pension moons ago.
New Report: CEOs Pushing Social Security Cuts are Sitting on Massive Retirement Funds While Underfunding Worker Pensions
A new report by IPS shows that “Fix the Debt” CEOs hold an average of $9 million each to put toward retirement, but are running deficits in pension funds for their own employees.
A Pension Deficit Disorder: The Massive CEO Retirement Funds and Underfunded Worker Pensions at Firms Pushing Social Security Cuts
This report analyzes the retirement policies of the U.S. corporations leading the “Fix the Debt” campaign, which is calling for reduced spending on senior citizens’ benefits as part of a deal on the national debt.
Dozens of CEOs are running a misleading campaign that would just make matters worse.
Behind this Trojan Horse is a plot to slash corporate taxes.
“The ‘Fix the Debt’ CEOs are trying to pass themselves off as noble leaders who are willing to compromise in order the save America from financial ruin,” says report co-author Scott Klinger. “In reality, the campaign is a Trojan horse concealing massive corporate tax breaks that would make our debt situation much worse.”
This business-driven initiative is using the so-called fiscal cliff as a cover for tax-code changes that would damage our economy.