AFL-CIO president Richard Trumka

President Obama has endorsed a plan to cut Social Security benefits through a so-called ai???chained AFL-CIO President Richard Trumka released the following statement with regards to this possible cut:

Republicans are once again demanding benefit cuts to pay for tax cuts, and threatening to harm the economy unless they get their way.Ai?? House Speaker John Boehnerai??i??s recent ai???Plan Bai??? proposal would extend tax cuts for people earning between $250,000 and $1 million, at a cost of $400 billion. At the same time, Republicans are demanding to cut Social Security COLAs through the so-called ai???Chained We call on Congress to reject House Speaker Boehnerai??i??s proposal to extend tax cuts for people earning up to $1 million and support President Obamaai??i??s demand for at least $1.2 trillion in additional tax revenues. We further call on Congress to reject Republican hostage-taking and reject any cuts to Social Security, Medicaid, or Medicare benefits, regardless of who proposes them.