Republicans Are Playing With Fire – and Seniors’ Earned Benefits – By Risking Default
Today’s breaching of the debt ceiling by the U.S. government is making seniors’ advocates nervous. The federal government is now on track to default on its financial obligations (including the ability to make Social Security and Medicare payments) as early as June --- unless Congress raises the debt ceiling, which it has done 78 times since 1960. As CNN's Jake Tapper put it, "Republicans are vowing to cut future spending before agreeing to pay bills that are already due."
McCarthy Speakership Battle May Cost Seniors in the Long Run
Kevin McCarthy’s battle for the House speakership may have made for compelling political theater this week, but it has potentially dire implications for America’s seniors. According to news reports, McCarthy (R-CA) has made concessions to holdout House members that would empower right-wingers in Congress who want to slash Social Security and Medicare --- in order to fulfill his personal ambition to become Speaker.
Does New Hill Spending Deal Affect Social Security & Medicare?
Congressional negotiators have struck a compromise on spending for Fiscal Year 2023, avoiding a government shutdown this Friday. The House and Senate are expected to pass a short-term extension by the end of this week, giving negotiators more time to finish a final funding package for the rest of the fiscal year. We spoke with NCPSSM legislative director Dan Adcock about the compromise deal.
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