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The National Committee is dedicated to protecting Social Security and Medicare benefits for all communities and generations.

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.
2023-09-12T13:17:14-04:00August 22nd, 2023|Categories: Congress, Election 2024, Social Security|

Biden-McCarthy Debt Ceiling Deal Averts Disruption of Social Security, Medicare

Amid all the static about the debt ceiling deal that President Biden and Speaker McCarthy struck over the weekend, this much is certain: the deal is better for American seniors than a federal default. “The agreement represents a compromise, which means no one got everything they wanted,” said President Biden on Monday. “But that's the responsibility of governing.”
2023-06-01T09:28:42-04:00May 30th, 2023|Categories: Congress, Debt Ceiling, Democrats, GOP, President Biden|

Default Could Be Devastating to Seniors on Fixed Incomes

As the country nears a projected federal default date as early as June 1, experts and advocates are warning that seniors’ benefits could be in jeopardy. A default mean that the government will not be able to meet its financial obligations, resulting in delays for vital programs like Social Security and Medicare.
2023-05-17T12:41:12-04:00May 17th, 2023|Categories: Congress, Debt Ceiling, Joe Biden, Kevin McCarthy, Max Richtman, Medicare, Social Security|

Today is the Day Millionaires Stop Contributing to Social Security for 2023

Today is the day most millionaires stop paying into Social Security for the rest of the year, while most of us will continue contributing FICA payroll taxes through the end of December.  The payroll tax cap for 2023 is $160,200 in annual wages.  As of today, people grossing $1,000,000 a year in wages have now exceeded the cap. 
2023-02-28T12:05:17-04:00February 28th, 2023|Categories: Joe Biden, Payroll Tax Cap, payroll taxes, Rep. John Larson, Social Security|

GOP Takeover, Debt Ceiling Revive Some Really Bad Ideas

Republican proposals to cut taxes for the wealthy and undermine Social Security and Medicare have come back like a bad dream with the GOP takeover of the House and the debt ceiling standoff. We spoke to our senior legislative representative, Maria Freese, about what these proposals would really do --- and who they benefit. Hint: the answer is NOT working people and retirees.
2023-02-08T17:17:45-04:00January 27th, 2023|Categories: COLAs, Democrats, GOP, healthcare, Kevin McCarthy, Medicare, Republicans, Retirement, Senate, Social Security|

Republicans Are Playing With Fire – and Seniors’ Earned Benefits – By Risking Default

Today’s breaching of the debt ceiling by the U.S. government is making seniors’ advocates nervous.  The federal government is now on track to default on its financial obligations (including the ability to make Social Security and Medicare payments) as early as June --- unless Congress raises the debt ceiling, which it has done 78 times since 1960.  As CNN's Jake Tapper put it, "Republicans are vowing to cut future spending before agreeing to pay bills that are already due."
2023-02-03T12:32:29-04:00January 19th, 2023|Categories: Budget, Congress, Debt, Kevin McCarthy, Medicaid, Medicare, President Biden, Social Security|

McCarthy Speakership Battle May Cost Seniors in the Long Run

Kevin McCarthy’s battle for the House speakership may have made for compelling political theater this week, but it has potentially dire implications for America’s seniors.  According to news reports, McCarthy (R-CA) has made concessions to holdout House members that would empower right-wingers in Congress who want to slash Social Security and Medicare --- in order to fulfill his personal ambition to become Speaker.
2023-01-06T17:04:45-04:00January 6th, 2023|Categories: Congress, Democrats, Medicare, Republicans, Social Security|

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