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
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Paul Ryan’s Medicare Privatization Scheme Edging Closer to Reality
Paul Ryan's dystopian dream of privatizing Medicare may soon come true. At least he seems to think so.
Medicare Privatization Tops the GOP Agenda
Well, that didn't take long. Just days after the election and already the GOP has confirmed, what we've been warning for months.
Republican Party Platform Promises Social Security Privatization
The newly released Republican Party platform provides the latest (in a growing amount of) evidence showing that no one in the party
Populism, Promises and Privatization: Mike Huckabee and Social Security
Former Governor and GOP Presidential hopeful, Mike Huckabee, found out early in the primary race a populist tone combined with a promise not to
Social Security Privatization: Then and Now
Orginally published in Huffington Post. by Max Richtman, NCPSSM President/CEO About this time ten years ago it was becoming clear that
Here We Go Again- GOP Offers Social Security Privatization Legislation
Republican members in the House have introduced legislation which would take your Social Security contributions and give them to Wall Street. For
The Roadmap to Privatization
It appears the GOP Budget philosophy is...if at first you don?t succeed with a failed idea try, try again (and again, and
Biden: The Wealthy Will Pay Their Fair Share into Social Security
In Thursday night's State of the Union address, President Biden put himself unequivocally on the side of American seniors and the programs they rely on. He redoubled his commitment to protecting Social Security after confronting congressional Republicans in last year’s speech.
FDR’S Grandson Says This Is a ‘High Stakes Time’ For Social Security
Social Security — which turned 88 years old this month — is one of my grandfather’s greatest legacies. It’s no exaggeration to say that this is a high stakes time for his landmark program. Powerful opponents of Social Security are calling for privatization, cutting the annual COLA, raising the retirement age, and even “sunsetting” the program.
Senators’ “Bipartisan” Social Security Plan Would Slash Benefits
The National Committee to Preserve Social Security and Medicare has sent an urgent letter to Senators Bill Cassidy (R-LA) and Angus King (I-ME) expressing deep concern over a Social Security proposal reportedly taking shape under their names. The Cassidy-King plan would put Social Security on a slippery slope toward privatization — and ultimately cut benefits for future beneficiaries.
White House Budget Would Boost Medicare, Help Seniors in Myriad Ways
President Biden’s bold 2024 budget proposal puts him squarely on the side of working Americans in their ongoing struggle for retirement and health security. The new White House budget would keep the Medicare Part A trust fund solvent until 2050.
Let’s Protect Social Security & Medicare On November 8th
It is no exaggeration to say that the nation's two most important programs for seniors—Social Security and Medicare—are on the line in this November's elections. This is not a matter of nuance; it's truly existential. Whichever party controls Congress will influence whether Social Security and Medicare will continue as we know them—or be weakened and privatized.
Social Security Trust Fund Projected to Endure for an Additional Year, Trustees Say
Social Security’s trust fund received a one-year reprieve in the 2022 Social Security Trustees report, released late Thursday afternoon. The Trustees project that the combined disability and retirement trust fund will become depleted in 2035 – one year later than predicted last time – if Congress doesn’t take preventative action. When the trust fund becomes insolvent, the Trustees say, Social Security will only be able to pay 80% of scheduled benefits.
Social Security Trustees Project Trust Fund Depletion in 2035
The takeaway from the latest Social Security Trustees report is this: Congress must strengthen the program’s finances without delay. The Trustees project that the combined Social Security retirement and disability trust fund will become depleted by 2035.
Medicare Advantage Slammed in New HHS Inspector General’s Report
We have been sounding alarm bells for many years about Medicare Advantage (MA), the privately-run health plans for seniors that are growing in popularity as an alternative to traditional Medicare. This week, an eye-opening report by the Inspector General’s office at the Department of Health and Human Services (HHS) confirmed some key criticisms by the National Committee and other seniors’ advocates - namely, that MA plans are denying legitimate claims and refusing to authorize reasonable medical procedures.
The Connection Between Social Security and Black History Month
On the surface, Social Security may not seem to be a relevant topic for Black History Month. But it is. Social Security has helped provide Americans with basic financial security for generations of retirees, the disabled and their families. It has been especially beneficial to Black Americans – whose average earnings and retirement savings are lower than their white counterparts’.
Trump Plan to Privatize Medicare Is Alive and Well
Seniors and their loved ones may be alarmed to learn that there is an insidious, but largely unpublicized effort underway to gradually privatize Medicare. According to recent reporting, some traditional Medicare patients are now being placed in for-profit managed care plans without even knowing, thanks to a Trump administration policy that is still in effect.
NCPSSM President Testifies at Hill Hearing on Social Security Legislation
Social Security must be expanded and strengthened now. That was the message National Committee president Max Richtman delivered in testimony today before the House Ways and Means Social Security subcommittee, chaired by Rep. John Larson (D-CT). This was the first and possibly only hearing on Congressman Larson’s Social Security 2100: A Sacred Trust legislation, which would boost benefits and extend the solvency of the program’s trust fund.
Dems Should Unite Around Medicare Expansion, RX Drug Price Negotiation
We and other seniors' advocates cheered President Biden's Build Back Better plan, which called for adding dental, vision, and hearing coverage to Medicare. That plan is having a difficult birth in Congress, as moderate and Progressive Democrats wrangle over the plan's size and scope.
Congress Must Not Forget Social Security
As Congress heads home for a three-week recess, the National Committee wants Senate and House members to remember that Social Security
FDR’S GRANDSON ON WHY THE NATIONAL COMMITTEE ENDORSED JOE BIDEN
President Roosevelt's grandson, James Roosevelt, Jr., is vice-chair of the National Committee's advisory board The National Committee
On Its 85th Anniversary, ‘No Damn Politician’ Should Be Allowed To Scrap Social Security
As published today in Common Dreams: When President Franklin Roosevelt signed Social Security into law 85 years ago today, he expressed hope that
Social Security Doesn’t Need Rescue by Mitt Romney
Sen. Mitt Romney (R-UT) proposes "rescue committee" for Social Security trust fund On Tuesday, Senator Mitt Romney (R-UT) unveiled
Trump Spreads Medicare Falsehoods in Florida
President Trump used a speech at a Florida retirement community today to spread falsehoods about Medicare in front of an audience