Thanks, Cato, But Let’s Not “Re-Imagine” Social Security (It’s Been Working for 90 Years)
What do you get when a libertarian think tank publishes a book proposing to radically change Social Security in collaboration mostly with other right-leaning organizations? You get something like “Re-imagining Social Security,” authored by the CATO Institute’s Ivane Nachkebia and Romina Boccia (who more than once has called the program a ‘legal Ponzi scheme’). Not surprisingly, to these authors, “re-imagining” the program that some 70 million Americans depend on for financial security essentially means altering the program beyond recognition and cutting benefits for future retirees. To which we say: better not to let their imaginations run away with our earned benefits. The libertarian Cato Institute (which never met a federal program it liked) appears to be on a crusade to undermine the existing Social Security program. Just this week, Boccia published a post in Cato’s ‘Debt Dispatch’ blog, claiming that Social Security “operates on the Robin Hood principle in reverse.” This is, pardon the expression, quite rich coming from a think tank whose funders include the Koch network and mega-corporations like Google, Facebook, Philip Morris, the American Petroleum Institute and Chevron.
Latest Social Security Website Crash a Symptom of Trump/DOGE Mismanagement
Seniors trying to access their earned benefit information hit a snag when the Social Security Administration's (SSA) website crashed on Wednesday morning. These sorts of incidents have unfortunately become commonplace since the Trump administration took over, as DOGE’s crusade at SSA has left the agency in chaos. "We continue to get reports of glitches on SSA's website. It looks like this was one of them," said NCPSSM President and CEO, Max Richtman.
Senate Republicans Kill ACA Tax Credit Extension, Spike Health Care Premiums
Senate Republicans just voted to allow Americans' health care premiums to spike in 2026, neglecting the needs of their own constituents. On Thursday, the Senate failed to reach the 60-vote threshold to extend crucial Affordable Care Act (ACA) tax credits, forcing the program's nearly 24 million enrollees to navigate premiums that could double or even triple in 2026. In a Thursday news release, our President and CEO, Max Richtman called ACA marketplace coverage “a linchpin for older adults who often cannot get affordable health insurance any other way.”
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What’s Behind the Medicare Part B Premium Spike?
The nearly 67 million Americans who depend on Medicare will ring in the new year with an unwelcome cost
What Does the End of the Shutdown Mean for Older Americans?
As the longest government shutdown in U.S. history finally ends, many of our readers are asking: what does this deal mean for older adults? We supported Democratic efforts to extend Affordable Care Act (ACA) premium subsidies. Without Congressional action to extend these subsidies, millions of “near seniors”— aged 54 to 65— are poised to face dramatically higher health insurance premiums in 2026.
Trump & GOP Intransigence Will Hike Health Care Premiums
Open enrollment season for Affordable Care Act (ACA) plans arrives amid a severe threat from Trump and congressional Republicans —- who continue to block the extension of crucial ACA premium subsidies. These subsidies have helped middle and lower-income Americans afford health coverage since they were enacted during the Covid pandemic. This is what the government shutdown — now in its fifth week — is all about. Democrats insist that the subsidies be extended; Trump and the GOP have refused, despite the economic pain and health insecurity their actions will inflict on everyday Americans – including millions of MAGA voters. The president and his party won’t even negotiate with Democrats to end the shutdown.
New Senior Poverty Data Disproves ‘Greedy Geezer’ Myth
Conservative think tanks have been pushing a false narrative that older Americans who collect Social Security are somehow ‘ripping off’ younger adults. This propaganda ignores the facts — pitting hardworking Americans (of all ages) against one another. While right-leaning analysts push the argument that younger workers shouldn’t have to pay into Social Security while wealthy ‘greedy geezers’ collect benefits, the data tells a different story. New statistics show that poverty among seniors is on the rise, reaching 15% in 2024, according to the U.S. Census Bureau’s Supplemental Poverty Measure (SPM).
News from the Frontlines of the Fight Against Alzheimer’s
In this week’s episode of our You Earned This podcast, Dr. Heather Snyder of the Alzheimer’s Association tells us about some common misconceptions about Alzheimer’s disease while also sharing exciting developments in research, treatment, and prevention. These advances should be welcome news to America’s Seniors, demonstrating important steps forward in the ongoing fight against Alzheimer’s.
Open Enrollment Season Begins at a Fraught Time for Medicare
This year's Medicare open enrollment season, which began on October 15, comes at a concerning time for the program.