Tuesday was an historic day in the effort to lower prescription drug prices for seniors. The Biden administration has released the names of the 10 life-saving drugs that will be subject --- for the first time ever --- to price negotiation between Medicare and Big Pharma. They are some of the most common and most expensive prescription medications that seniors take. These essential medications do everything from preventing blood clots and strokes to treating diabetes, and they will soon cost a lot less for the federal government and for patients.
More than 150 Philadelphians turned out at Center in the Park for a town hall emphasizing Social Security’s importance to the Black community, co-presented by NCPSSM and AARP Pennsylvania. Attendees learned about their earned benefits and played Social Security-themed games — including Social Security Plinko and “What does Social Security Mean to You?”
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.”
President Biden’s bold 2024 budget proposal puts him squarely on the side of working Americans in their ongoing struggle for retirement and health security. The new White House budget would keep the Medicare Part A trust fund solvent until 2050.
All but the most upper-income seniors would be hurt by cuts to Social Security and Medicare --- the kind which Republicans have been proposing in the name of “entitlement reform.” But older Americans with disabilities or pre-existing conditions would be hit especially hard.
During Tuesday’s State of the Union, President Biden coaxed Republicans to agree to take Social Security and Medicare cuts “off the
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."
As the country awaits full election results, The National Committee to Preserve Social Security and Medicare congratulates the many seniors’ champions who prevailed in key races across the nation. Several candidates who the National Committee enthusiastically endorsed have emerged victorious in crucial House and the Senate contests.
NCPSSM Makes Final Endorsements of 2022 Cycle, Emphasizing GOP Threats to Social Security and Medicare
As the midterm campaign draws to a close with the future of Social Security and Medicare possibly at stake, NCPSSM has been completing its final round of candidate endorsement events around the country. Today in Charlotte, North Carolina, NCPSSM legislative director and PAC coordinator Dan Adcock formally endorsed Democrat Cheri Beasley for U.S. Senate in one of the pivotal swing state races of this election cycle.
It is no exaggeration to say that the nation's two most important programs for seniors—Social Security and Medicare—are on the line in this November's elections. This is not a matter of nuance; it's truly existential. Whichever party controls Congress will influence whether Social Security and Medicare will continue as we know them—or be weakened and privatized.