Default Could Be Devastating to Seniors on Fixed Incomes

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.
2023-05-17T12:41:12-04:00May 17th, 2023|Categories: Congress, Debt Ceiling, Joe Biden, Kevin McCarthy, Max Richtman, Medicare, Social Security|

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|

NCPSSM-Endorsed Candidate Wins Wisconsin Supreme Court Race

The National Committee-endorsed candidate in the pivotal Wisconsin State Supreme Court race prevailed in yesterday’s elections.  Judge Janet Protasiewicz bested her opponent, Daniel Kelly, by 10 points on Tuesday, changing the complexion of the court. Liberals will now be in the majority for the first time in some fifteen years.
2023-04-05T10:50:47-04:00April 5th, 2023|Categories: Boost Social Security, GOP, Medicaid, Medicare, Politics, Republicans, 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.

Today is the Day Millionaires Stop Contributing to Social Security for 2023

Today is the day most millionaires stop paying into Social Security for the rest of the year, while most of us will continue contributing FICA payroll taxes through the end of December.  The payroll tax cap for 2023 is $160,200 in annual wages.  As of today, people grossing $1,000,000 a year in wages have now exceeded the cap. 
2023-02-28T12:05:17-04:00February 28th, 2023|Categories: Joe Biden, Payroll Tax Cap, payroll taxes, Rep. John Larson, Social Security|

People With Disabilities, Pre-Existing Conditions Are Vulnerable to Social Security & Medicare Cuts

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.

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.
2023-02-08T17:17:45-04:00January 27th, 2023|Categories: COLAs, Democrats, GOP, healthcare, Kevin McCarthy, Medicare, Republicans, Retirement, Senate, Social Security|
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