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Public Policy: Social Security
8/16/2017

The 2017 Social Security Trustees Report, released in July 2017, projects a modest 2.2 percent cost-of-living-adjustment (COLA) for 2018. The National Committee is disappointed and not convinced that these estimates with some more recent projections pointing to an even smaller COLA – accurately reflects the inflation affecting today’s seniors. We believe that Social Security's COLA needs to be strengthened.
8/2/2017

The House Budget Resolution for Fiscal Year (FY) 2018 would make cuts to the Medicare, Medicaid and Social Security programs and repeal and replace the Affordable Care Act (ACA), actions which would be harmful to millions of Americans.

7/24/2017

Since its inception, Social Security has been the foundation on which America’s retirement security rests.  It has demonstrated its strength by paying benefits without interruption in good times and bad, during periods of recession and disaster and during recovery and healing.  The program’s durability is demonstrated yet again in this year’s Trustees Report. The report is good news for working Americans and for seniors.

7/7/2017

Social Security protects families in the event that a worker retires, becomes disabled or dies. These guaranteed insurance benefits are especially crucial to people of color who tend to have fewer alternative resources, become disabled at higher rates, and rely on Social Security's family benefit features disproportionately.
6/29/2017

On June 22, the Senate Republican Leadership released a draft of the Better Care Reconciliation Act (BCRA), legislation to repeal and replace the Affordable Care Act (ACA).

6/16/2017

The nation’s current minimum wage of $7.25 per hour has not been increased since 2007.  The Raise the Wage Act of 2017 (S. 1242 and H.R. 15), introduced by Senators Patty Murray, Bernie Sanders and Representatives Bobby Scott and Keith Ellison would increase the federal minimum wage from its current rate of $7.25 per hour in eight steps to $15 per hour by 2024.  The first step in 2017 would raise the minimum wage to $9.25 per hour.  Although many retirees may question what impact an increase in the minimum wage would have on their lives, the increase could make a difference for seniors.
6/2/2017

On May 23, 2017, President Trump submitted his Fiscal Year (FY) 2018 budget recommendations to Congress.  This budget would drastically cut programs that benefit America’s oldest — including many vulnerable — citizens.  The President’s spending plan calls for deep reductions to Social Security Disability Insurance, breaking his promise not to touch Social Security. 

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House GOP Recklessly Pursues Privatization of Medicare in Budget Process

Congress is targeting the health and financial well-being of America’s seniors by making yet another attempt to privatize Medicare. Yesterday the House Budget Committee passed the GOP’s FY 2018 budget resolution, which includes Speaker Paul Ryan’s “Medicare premium support” scheme – an innocuous name for turning time-tested senior health care coverage into “Coupon-Care.”

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