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Some of the Media Bungle Social Security Trustees Report
It’d be swell if more of the mainstream media would accurately report the financial status of Social Security. Unfortunately, much of the coverage is influenced by conservative propaganda rather than actual facts. Predictably, much of the reporting on the recently released Social Security trustees report is less journalistic than histrionic and simplistic, as a quick review of the headlines reveals:
Hopes that Senate Would Mitigate Medicaid & SNAP Cuts Have Been Dashed
Many who analyzed the reconciliation bill narrowly approved by the House of Representatives in a 215-214 vote on May 22nd hoped that the U.S. Senate would temper unaffordable tax cuts for the wealthy — and avoid slashing Medicaid and SNAP. Those hopes have been dashed by Senate Republicans on the Finance and Agriculture Committees, who propose to end Medicaid and SNAP as we know them – as lifelines for millions of Americans across the country who need reliable access to basic health care and food to survive.
Trump/DOGE Actions Fuel Surge in Social Security Claims
More Americans are suddenly filing for Social Security earlier than planned --- and it isn’t necessarily because they’re eager to retire. Interference in the Social Security system by Trump, Musk and DOGE has triggered a wave of public panic about the future of the program. For many, it’s created a sense of urgency to claim benefits before any other harmful changes are made. According to CBS News, early Social Security claims have surged by 17% this year compared to the same period in 2024. If this trend continues, annual filings are on track to reach 4 million. This spike comes amid the slashing of workforce and resources at the Social Security Administration under the guise of hunting for ‘waste and fraud.’
The Devastating Consequences of GOP Medicaid Cuts
House Republicans have taken another major step toward gutting the Medicaid program to pay for tax cuts largely benefitting their wealthy donors. On May 14, the GOP-controlled House Committee on Energy and Commerce approved budget legislation that slashes Medicaid funding by a jaw-dropping $717 billion over the next decade. The Congressional Budget Office (CBO) estimates that the Republican budget could strip health coverage from at least 13.7 million people. “Republicans are cutting them adrift, with no place else to turn for medical care except perhaps the emergency room,” says NCPSSM President Max Richtman, who labeled it “the most massive cut in Medicaid’s 60-year history.”