Dems, Republicans Spar on Social Security at Senate Hearing

Senate Budget Committee chairman Sheldon Whitehouse (D-RI), and his colleagues welcomed two panels to Capitol Hill today to host a range of discussions on Social Security. The first featured Social Security Administration (SSA) Commissioner Martin O'Malley, focusing on the Administrations budget proposal for Fiscal Year 2025 and some of his accomplishments in the position. The second panel saw a group of experts join the committee to discus the preservation of Social Security forever and what needs to be done to strengthen America's retirement security.
2024-09-17T09:31:57-04:00September 13th, 2024|Categories: Budget, Congress, Democrats, GOP, Retirement, Senate, Social Security|

Dem/GOP Split on Social Security Apparent in Hill Hearing

The House Ways and Means Social Security Subcommittee held a hearing about the program's trustees' projection that the Social Security trust fund will become depleted in 2035, absent Congressional action. Even so, Social Security still could pay 83% of scheduled benefits at that time. No one wants Congressional inaction, but the hearing emphasized the difference in the two parties' approaches to the problem.

House GOP Appropriators Announce 10% Cut in Labor/HHS Spending

House Republicans once again are showing where their true priorities lie.  Appropriations committee chair Tom Cole (R-OK) announced the GOP’s topline numbers for fiscal year 2025 --- including at least a 10% cut in funding for Labor/HHS (Health & Human Services).  That could mean agencies like the Social Security Administration (SSA) and Center for Medicare & Medicaid Services (CMS) would endure a huge spending cut, while Republican appropriators propose to boost military spending by 1%.

Would a Government Shutdown Affect Social Security and Medicare?

First, the good news. Even if the government shuts down at the end of this week because of House Republican intransigence, Social Security benefits will continue to be paid and customer service for retirees should not get significantly worse. Now, the bad news. The impending shutdown is symptomatic of a disorder in Congress that seniors should care about:  MAGA hardliners once again gumming up the works of a government which best serves the public when operating smoothly, without needless disruptions.
2023-09-26T11:53:16-04:00September 25th, 2023|Categories: Congress, Democrats, Disability, GOP, Medicare, Social Security, Social Security Administration (SSA)|

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|

Democrats Push for Strengthening Social Security in First Hearing of New Congress

The first hearing on Social Security of the new Congress saw Republicans claiming that they simply want information about the program’s status, while Democrats insisted that it’s time to boost Social Security --- and pushed back on GOP proposals to cut benefits.“ Today, we are faced with the fierce urgency of now. Five million Americans receive below-poverty level (Social Security) checks from their government because Congress has not enhanced benefits in more than 50 years,” said ranking member Rep. John Larson (D-CT).
2023-04-28T11:01:22-04:00April 27th, 2023|Categories: Congress, Democrats, Payroll Tax Cap, Rep. John Larson, Republicans, Social Security|

Ohio Forum Focuses on Cutting Vs. Expanding Social Security

National Committee president and CEO Max Richtman brought the organization’s message of expanding and strengthening Social Security to Ohio today.  He participated in a forum in Sandusky, OH, co-sponsored by the local nonprofit, Serving Our Seniors. The forum, entitled, The Future of Social Security Retirement Income and Medicare Part A forum, was attended by more than two hundred citizens, mostly seniors who are already collecting Social Security.
2023-04-12T16:11:28-04:00April 12th, 2023|Categories: Bernie Sanders, Boost Social Security, Democrats, GOP, Rep. John Larson, Social Security|
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