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.
The House Republicans' debt ceiling bill includes drastic cuts to federal programs that seniors and other vulnerable Americans rely on. But it also imposes work requirements on lower income people who receive health coverage through Medicaid. Under the GOP plan, Medicaid patients would have to work at least 80 hours per month or lose their coverage. We spoke to the National Committee's senior health policy expert, Anne Montgomery, about why this is such a harmful proposal.
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.
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."