The Dystopian Future is Now at Trump’s Social Security Administration
Getty Images A combination of incompetence and extremism is once again on display at Trump’s Social Security Administration (SSA).
Social Security Comish Would Consider Raising Retirement Age
Despite Trump’s pledge not to cut Social Security, administration officials keep letting the real agenda slip out. First, Treasury Secretary Scott Bessent hinted that privatizing Social Security was on the table. Now, Social Security Commissioner Frank Bisignano says he’s open to the idea of raising the retirement age. (The current full retirement age is 67; congressional Republicans have floated proposals to raise it as high as 70.)
In an interview on Fox Business News last week, host Maria Bartiromo asked Bisignano if he’d “consider raising the retirement age,” to which the commissioner replied, “I think everything’s being considered.”
Millionaires Are Done Paying Into Social Security for 2025
Millionaires stop paying into Social Security for the year on March 1st --- and billionaires already stopped contributing wages to the program in January. The rest of us continue paying into the system for the entire year. Is it fair that Elon Musk, Rupert Murdoch, Charles Koch, and Tim Cook of Apple don’t have to contribute to Social Security for the rest of the year while most Americans do?
Harris Likely to Sustain Biden’s Social Security, Medicare, Rx Drug Policies
As we have noted many times, the President has fought especially hard for American seniors --- by lowering prescription drug prices, strengthening Medicare, and advocating improvements to Social Security --- which is why he earned our endorsement in June. His heir apparent, Vice President Harris, has been in lockstep with President Biden on these crucial issues.
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.
NCPSSM To Participate in Harkin Social Security Symposium in DC
The National Committee to Preserve Social Security and Medicare will participate in a special Social Security symposium hosted by former U.S. Senator Tom Harkin and the Harkin Institute of Drake University. Featuring NCPSSM President Max Richtman and other prominent leaders from the national advocacy community.
Rep. Larson Re-introduces His Social Security 2100 Act & Other Top News of the Week
It’s been a busy week for Social Security watchers and advocates. Here are some of the major developments from Washington, D.C.:
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).
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.
Senators’ “Bipartisan” Social Security Plan Would Slash Benefits
The National Committee to Preserve Social Security and Medicare has sent an urgent letter to Senators Bill Cassidy (R-LA) and Angus King (I-ME) expressing deep concern over a Social Security proposal reportedly taking shape under their names. The Cassidy-King plan would put Social Security on a slippery slope toward privatization — and ultimately cut benefits for future beneficiaries.