Hands Off Our Negotiated Health Care and Retirement Benefits

 The Joint Select Committee on Deficit Reduction-or "Super Committee"-is working on Capitol Hill to craft a bill aimed at slashing the U.S. budget deficit by $1.5 trillion or more by 2021. The U.S. Congress must pass a deficit reduction bill by January 2012 or there will be mandatory reductions across the board. Several proposals are under consideration, one of which would raise income taxes or reduce tax preferences that exist today on employer-sponsored health care and defined contributions to 401(k) retirement plans.  This means they will tax your health care benefits' value as income.

 It is time for all TCU/IAM members to tell Congress that these tax increases are not acceptable to you. Take action now: tell your Member of Congress and your U.S. Senators that a tax on your employer-provided health benefits and reducing your defined contribution limit is nothing more than new taxes on your negotiated benefits. These taxes should not be used to reduce the deficit! The Super Committee must act by November 23, 2011, so you must make your voice heard now. 

Let your voice be heard-contact your federal representatives today