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|
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