What Does Project 2025 Bode for Older Americans? Hint: Nothing Good

The right-wing Heritage Foundation produced Project 2025, a blueprint for a second Trump term.  Though Project 2025 doesn’t specifically advocate for cuts to Social Security, the right-wing think tank has taken positions that would seriously undermine the nation’s most popular social insurance program.  On the issue of Medicare and prescription drug prices, however, Project 2025 explicitly calls for changes that could be devastating for seniors.  We chatted with our senior legislative representative, Maria Freese, about the implications of Project 2025 for older Americans.

Our Debate Takeaway: Trump’s Lies Undermine Seniors’ Earned Benefits

As seniors’ advocates, it is not our job to parse Joe Biden’s debate performance. It’s our job to tell Americans in straight talk who is telling the truth about Social Security and Medicare — and who will protect them as president. In last night’s debate, Donald Trump repeatedly spread disinformation about seniors’ earned benefits, while President Biden’s statements were consistent with the truth — and with his record in office of defending both programs.

Dem/GOP Split on Social Security Apparent in Hill Hearing

The House Ways and Means Social Security Subcommittee held a hearing about the program's trustees' projection that the Social Security trust fund will become depleted in 2035, absent Congressional action. Even so, Social Security still could pay 83% of scheduled benefits at that time. No one wants Congressional inaction, but the hearing emphasized the difference in the two parties' approaches to the problem.

Republican Study Committee Budget Cuts Earned Benefits; Keeps Trump Tax Cuts

For solid clues as to what the Republicans would do to Americans’ earned benefits if they maintain power in the House and recapture the Senate and/or the White House, look no further than the House Republican Study Committee (RSC) 2025 budget blueprint. For the second year in a row, the RSC proposes cutting Social Security and Medicare.  Rep. Brendan Boyle, Ranking member of the House Budget committee, estimates that these cuts amount to $1.5 trillion for Social Security and $1 trillion for Medicare.

Millionaires Are Done Paying Into Social Security for 2024

Millionaires stop paying into Social Security for the year on March 1st --- and billionaires already stopped contributing wages to the program in January.  The rest of us continue paying into the system for the entire year.  Is it fair that Elon Musk, Rupert Murdoch, Charles Koch, and Tim Cook of Apple don’t have to contribute to Social Security for the rest of the year while most Americans do? 
2024-03-04T10:56:30-04:00March 1st, 2024|Categories: Payroll Tax Cap, Rep. John Larson, Social Security|

Congress Shouldn’t Enact “Death Panels” for Social Security & Medicare

NCPSSM sent a letter to Congress today urging representatives to reject the Fiscal Commission Act of 2023. This bill would establish a commission that would circumvent Congress’ regular order for considering Social Security and Medicare changes. The bill will be marked up in the House Budget Committee on January 18. Commissions of this kind are intended to squeeze every possible dollar of savings out of Social Security and Medicare without consideration for the adequacy of benefits.
2024-01-17T17:32:05-04:00January 17th, 2024|Categories: Congress, fiscal commission, Social Security|

NCPSSM Endorses Tim Kaine for Re-election to U.S. Senate

On behalf of our 28,000 members and supporters in Virginia, the National Committee to Preserve Social Security and Medicare today proudly endorsed Tim Kaine for re-election to the U.S. Senate in Fredericksburg, VA on Friday. Senator Kaine has proven himself time and again as a leader on issues affecting Virginia seniors.  He earns a 100% rating on our legislative scorecard for his steadfast championing of Social Security, Medicare, and lower prescription drug prices.
2024-01-05T15:44:31-04:00January 5th, 2024|Categories: Election 2024, Medicare, PAC, Social Security|
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