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.
2023-02-06T10:33:34-04:00January 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|
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