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    trust act

    118th U.S. Congress

    Most US House Incumbents Filed Financial Disclosure Extensions Amid Push for Stock Trading Ban

    "It's a giant red flag when so many representatives are beating out the S&P 500 despite the most tumultuous market in years, raising questions whether some are taking advantage of their privileged positions," said one ethics advocate.

    Brett Wilkins
    Jul 07, 2023

    The government watchdog Accountable.US reported Friday that a majority of incumbent members in the U.S. House of Representatives filed extensions this year for their 2022 financial disclosures, a revelation that comes as congressional Democrats are leading multiple bills that would ban lawmakers and their relatives from stock trading and other self-dealing.

    According to the Accountable.US analysis, 257 House incumbents—or nearly 60% of all lower chamber lawmakers—filed for financial disclosure extensions for last year. Of those 257 lawmakers, 140 were Republicans. Nine out of 10 House members filing for extensions sought the maximum 90-day postponement.

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    News
    government ethics
    Demonstration for Social Security

    A Simple Choice: Social Security or Billionaire Greed

    Any politician who expresses concern about Social Security's finances without being willing to tax the rich is a phony. Nothing but a phony.

    Richard Eskow
    Feb 28, 2023

    Like they used to say in the old neighborhood, some things ain't complicated. If your senator or representative won't tax the wealthy to protect and expand Social Security, then they care more about America's 728 billionaires than they do about the 66 million children, disabled, and older people currently receiving benefits—or the many millions that will follow them. They don't deserve to stay in office if they can't represent their own people.

    Social Security is a vast, highly successful program. That makes it sound complicated. It's not. It was built on simple moral and operational principles. Among them was universality, the idea that the program should include everyone, and the notion that everyone should pay their fair share. Unfortunately, the millionaires and billionaires plundering the economy aren't pitching in the way they should.

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    Opinion
    social security
    Rep. Kevin Hern and then-Rep. Markwayne Mullin were pictured in the Capitol Visitor Center.

    Critics Rip 'MAGA Extremists' Over Plan to Hike Social Security Retirement Age to 70

    "Medicare and Social Security are non-negotiable," responded Democratic Rep. Mark Pocan. "Risking default or robbing seniors of hard-earned benefits are not options."

    Jake Johnson
    Jan 24, 2023

    Not even a month after assuming the majority in the House, Republicans have begun seriously considering a range of proposals to cut Social Security, Medicare, and other federal programs that millions of people across the U.S. rely on to meet basic needs.

    The Washington Postreported Tuesday that "in recent days, a group of GOP lawmakers has called for the creation of special panels that might recommend changes to Social Security and Medicare" while other Republicans "have resurfaced more detailed plans to cut costs, including by raising the Social Security retirement age to 70"—a change that would impose across-the-board benefit cuts.

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