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News2015-06-03T18:03:23-04:00

Biden: The Wealthy Will Pay Their Fair Share into Social Security

March 8th, 2024|Comments Off on Biden: The Wealthy Will Pay Their Fair Share into Social Security

In Thursday night's State of the Union address, President Biden put himself unequivocally on the side of American seniors and the programs they rely on. He redoubled his commitment to protecting Social Security after confronting congressional Republicans in last year’s speech. 

Special Counsel in Biden Classified Documents Case Plays Amateur Gerontologist

February 9th, 2024|Comments Off on Special Counsel in Biden Classified Documents Case Plays Amateur Gerontologist

By declining to charge President Biden but gratuitously impugning the president’s cognitive abilities, special counsel Robert Hur overstepped his bounds and fed into a blatantly ageist narrative. Hur pulled a “James Comey” yesterday in announcing that the president would not be charged with a crime but criticizing Biden’s handling of classified documents, just as Comey did with Hillary Clinton in 2016. (And we know how that turned out.)  But, unlike Comey, Hur also felt the need to disparage the President’s age and his memory, referring to Biden as "a well-meaning, elderly man."

The Spending Deal & Seniors: How Do Older Americans Fare in Agreement to Keep Gov’t Open?

January 31st, 2024|Comments Off on The Spending Deal & Seniors: How Do Older Americans Fare in Agreement to Keep Gov’t Open?

What's good and bad for seniors in the current spending deal on Capitol Hill? Our director of government relations and policy, Dan Adcock, tells us about how much funding crucial programs for older Americans are likely to receive for the rest of this fiscal year.

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House Passes Historic Prescription Drug Pricing Legislation

The U.S. House today passed historic legislation to bring down prescription drug prices for tens of millions of American seniors. The Inflation Reduction Act, which the Senate passed last weekend after intense negotiations between Senate Majority Leader Chuck Schumer and West Virginia Senator Joe Manchin, now goes to President Biden's desk for signature.  It is the most sweeping health care legislation since the enactment of the Affordable Care Act in 2010.

Prescription Drug Price Reform of Historic Proportions

Those who refer to the Inflation Reduction Act passed by the Senate this past weekend as “historic” are not exaggerating. The Act represents the most muscular legislation to date to try to tame rising prescription drug prices, which can be devastating for seniors.

Ron Johnson’s Plan is Part of GOP Assault on Seniors’ Earned Benefits

Social Security and Medicare defenders often say that the public doesn’t understand the threat that Republicans pose to these programs.  Indeed, many Republicans proclaim support for both while pushing proposals to undermine them.  But lately it seems as if Republicans are going out of their way to lay bare their intentions – or, as some put it, “to say the quiet part out loud.” Earlier this week, Senator Ron Johnson (R-WI) said during an interview that Social Security and Medicare should no longer be mandatory spending programs

Manchin Pulls the Football Away from Schumer – and Medicare

Senator Joe Manchin has once again pulled the proverbial football away from Chuck Schumer just before the kick. After negotiating with the Senate Majority Leader over a pared-back version of the Build Back Better bill, Sen. Manchin has once again withdrawn his support - not for the entire plan, but for key components that would have helped seniors. He declared on Thursday that he would not support any new tax provisions.  One of these provisions would have closed a loophole, compelling the wealthy to pay a 3.8% investment tax.  The revenue would have been directed to the Medicare Part A trust fund, which is currently projected to run dry in 2028. 

Schumer-Manchin Negotiations May Yield Some Wins for Seniors

The negotiations between Senate Majority Leader Chuck Schumer and Senator Joe Manchin (D-WV) over a new budget reconciliation deal have been great fodder for political journalists, but they are also incredibly important to American seniors.  Senators Schumer and Manchin are haggling over a pared-down version of the Build Back Better legislation, which the West Virginia Senator effectively killed earlier this year, designed to pass with only Democratic votes via the reconciliation process. The new package reportedly retains some crucial items for older Americans:  prescription drug pricing reform and Medicare solvency.

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