Trump & GOP Candidates Have Pushed Social Security Privatization, Cuts
It’s been quite a week for Republicans telling us how they really feel about Social Security – from the President to GOP candidates in key races. On Wednesday, President Trump admitted that he wanted to privatize Social Security “so badly” after he won in 2016, but “Democrats and some Republicans” stopped him, because it was “risky.” You think?
Trump’s $90 Medicare Rebate — Another Gimmick Masquerading as Policy
Instead of meaningful action to lower Americans’ health care costs, Trump has announced yet another publicity stunt. He has promised some 20 million Medicare Part B enrollees a one-time, $90 rebate. Of course, this does effectively nothing to lower Americans’ health care costs, which Trump/GOP policies have made increasingly unaffordable. The Republicans’ Big, Ugly bill slashed nearly $1 trillion from Medicaid – and the GOP-controlled Congress refused to extend Affordable Care Act tax credits. These actions have put immense upward pressure on Americans’ health care premiums.
Trouble Ahead for Medicare Advantage & Medicaid Patients
For years, Medicare Advantage (MA) providers have marketed their plans with celebrity endorsements, promises of extra dental, vision, and hearing benefits, and the appeal of low or zero monthly premiums. But for millions of older adults, that illusory promise of stable coverage is colliding with a harsh reality. Unsatisfied with profits, insurance giants like Humana, United HealthCare and Aetna are pulling out of some markets entirely, leaving Medicare Advantage patients stranded. People enrolled in these plans will be forced to look elsewhere for their coverage in 2027.
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Protecting FDR’s Vision on Social Security’s 91st Birthday
When President Franklin D. Roosevelt signed Social Security into law 91 years ago -- on August 14, 1935 – he said its enactment was “historic for all time.” FDR was right. Nine decades later, Social Security remains one of the most successful – and most popular – federal programs ever. In poll after poll, overwhelming majorities of Americans across party lines approve of Social Security – and don’t want to see it cut. Despite public sentiment, there’s been a well-funded, long-term movement to undermine this landmark achievement of FDR’s New Deal. Many on the political right have opposed Social Security from the very beginning.
Our Concerns About Medicare & Medicaid as they Turn 61 Years Old
President Lyndon B. Johnson signed Medicare and Medicaid into law 61 years ago today! These legacy Great Society programs could not be MORE IMPORTANT, but the political right has been targeting them for years - and lately, they have been successful in chipping away at the programs that seniors and lower income people depend on for health coverage. We asked our legislative and policy director Dan Adcock to reflect on Medicare's history and the threats that it faces today.
Fiscal Commissions Are not the Answer for Strengthening Social Security
Soon-to-be retired Senator Dick Durbin’s (D-IL) new PROMISE Act is the latest in a wave of proposals to establish a ‘fiscal commission’ to address Social Security’s looming financial shortfall, instead of allowing Congress to do its job and devise its own proposals. Durbin’s bill would authorize the four-person Social Security Advisory Board to draft a 50‑year solvency bill that would be fast‑tracked through Congress by the end of the current legislative session. While it differs from earlier commission proposals, Durbin’s legislation still relies on an outside body to formulate changes to a program that 70 million Americans rely on for basic financial security. On the latest episode of our Capital Quick Takes video series, communications director Walter Gottlieb interviews our President and CEO Max Richtman about Durbin’s bill and other efforts to create fiscal commissions for Social Security.
Trump & GOP’s Role in Rising Health Insurance Costs
New reporting shows Affordable Care Act (ACA) premiums are set to spike by an average of 14% in 2027, on top of last year’s double‑digit hike. It’s exactly what you’d expect from a Trump administration that has made life more expensive and health care less secure for the most vulnerable Americans. For millions of Americans who buy coverage on the ACA marketplaces, the story of the past two years is simple: the bill got bigger, the help got smaller, and people are walking away from coverage.
Latest Atlantic Piece Ignores the Real Oligarchy
In his latest column for The Atlantic titled “An Oligarchy of Old People,” author Idrees Kahloon correctly identifies a
Trump Goes “Down Under” for Latest Privatization Ploy
After turning the page on his self-indulgent USA250 bonanza, marred by extreme heat and disappointing attendance, President Trump has once again set his sights on Americans’ earned retirement benefits. On Monday, he announced that his administration is “working on a plan” to create accounts for adults loosely inspired by Australia’s retirement savings system – and similar to the Trump accounts for children. Our president and CEO Max Richtman told MarketWatch today that Trump should be working on strengthening Social Security instead of “toying around” with federally-seeded private accounts. “We would advise President Trump to focus on Social Security - a program that has worked splendidly for more than 90 years to provide Americans with basic retirement security” - Max Richtman, President and CEO, NCPSSM
