Social Security is Not Going Bankrupt, But Needs to be Strengthened

In their report released on Friday, the Social Security Trustees projected that the program’s combined trust fund will remain solvent until 2034 – one year earlier than previously projected. At that time, the program still would be able to pay 80% of benefits. As of the end of 2022, the trust fund had $2.83 trillion in reserves. 
2023-04-03T12:27:14-04:00April 3rd, 2023|Categories: Uncategorized|

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.

All House Dems Should Cosponsor Social Security 2100 Bill

If you are represented by a Democrat in the U.S. House, chances are that your member of Congress has already cosponsored a piece of landmark legislation to boost and strengthen Social Security: Rep. John Larson’s Social Security 2100: A Sacred Trust. In fact, the bill currently has 202 Democratic cosponsors (and zero Republicans). But some Democrats have not signed on as cosponsors.
2022-06-03T10:49:41-04:00May 27th, 2022|Categories: Uncategorized|

What Does the President’s Budget Mean for Seniors?

There’s encouraging news for seniors in President Biden’s FY2023 budget, even though it does not contain everything that advocates for older Americans had hoped.  The budget, which now will be submitted to Congress, includes crucial funding for services that seniors rely upon – from the operation of the Social Security Administration (SSA) to nutrition programs under the Older Americans Act.

Trump Plan to Privatize Medicare Is Alive and Well

Seniors and their loved ones may be alarmed to learn that there is an insidious, but largely unpublicized effort underway to gradually privatize Medicare. According to recent reporting, some traditional Medicare patients are now being placed in for-profit managed care plans without even knowing, thanks to a Trump administration policy that is still in effect.
2022-01-05T11:38:32-04:00December 22nd, 2021|Categories: Medicare, privatization, Trump Administration, Uncategorized|

Happy 86th Anniversary to Social Security

One of our nation's most popular federal programs marks another year of success on August 14th.  Social Security—the income security program for workers, retirees, people with disabilities, and their families - was signed into law by President Franklin D. Roosevelt 86 years ago. But it's been almost four decades since the program was last reformed. In 1983, Congress took action to shore up Social Security's finances under the acute threat of insolvency. Fast-forward to the present.  We are confronted with a looming shortfall in the program's finances amid a growing demand to boost benefits.  But bi-partisan action to strengthen Social Security has been elusive—despite the best efforts of some lawmakers to put forward solid proposals.
2021-08-15T10:14:35-04:00August 14th, 2021|Categories: Uncategorized|
Go to Top