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Today in Labor History

Sept. 30, 1892: A total of 29 strike leaders are charged with treason—plotting "to incite insurrection, rebellion & war against the Commonwealth of Pennsylvania"—for daring to strike the Carnegie Steel Co. in Homestead, Pa. Jurors refuse to convict them.

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Beware The 'Chained' CPI
Posted On: Dec 18, 2012

Dec. 18, 2012 | The chained CPI is a cut in Social Security Benefits and a "stealth" tax hike. As Republicans in Congress take a hard line in the sand against higher tax rates for millionaires and billionaires, they are demanding a Social Security benefit cut through a lower Cost of Living Adjustment (COLAs). The lower COLA would result from the adoption of a new formula for calculating COLAs called "Chained CPI." What is that and what will it mean for working people, especially middle-and lower-income families? Learn about it here. View explanatory graphic here.


 
 
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