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
Much for Seniors to Cheer, Big Pharma to Jeer, in Senate Rx Deal
News of a deal between Senators Joe Manchin and Chuck Schumer
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 Manchin has once again withdrawn his support - not for the entire plan, but for key components that would have helped seniors.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.
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