See more posts like this on Tumblr
#politics #medicaid #donald trump #trump #social security #medicare #seniors #retirement #retirees #retirement crisis #trump budget #p2More you might like
In a New Hampshire speech, New Jersey’s GOP governor proposed an overhaul of Social Security, Medicaid and Medicare that would reduce benefits for some retired seniors, eliminating them entirely for individuals with income over $200,000 and raising the retirement age to 69.
via NJ Today.
This isn’t anything new. Christie is very vocal when it comes to earned benefits.
Related Reading:
However, some conservatives in Congress insist that relief for programs like the Older Americans Act be paid for by cutting Medicare and Medicaid. This budgetary sleight-of-hand could trade partial relief for some seniors’ programs by cutting other essential health security programs like Medicare and Medicaid, thus further eroding the tenuous economic situation many older Americans face.
Max Richtman via Huffington Post.
Millions of current and future retirees were no doubt hoping that President Trump would use last night’s speech to Congress to reaffirm his promises not to touch Social Security and Medicare. Instead, the President ducked and covered. He did not even utter the words “Social Security” or “Medicare” in his entire hour-long address. As for Medicaid – which millions of American seniors rely upon for skilled nursing care – the President only touched on it once, with a veiled reference to converting guaranteed benefits into block grants, which would hurt beneficiaries.
via Entitled to Know.
Unfortunately, seniors will still receive no cost of living adjustment in 2016 and the sequester cuts to Medicare providers will continue to pay for non-Medicare programs. It’s clear the GOP-led Congress still sees Social Security, Medicare and Medicaid as piggy banks to fund other legislative priorities and this hostage-taking, threats to benefits and crisis creation will continue.
Max Richtman via Entitled to Know.
When a candidate promises to “save these programs for future generations” by raising the retirement age, raising the Medicare eligibility age, privatizing Social Security, changing the COLA formula and means-testing Social Security while exempting near retirees what they’re actually saying is: “We know seniors vote so we’ll protect them now and slash future benefits for their children and grandchildren instead.
via Entitled to Know.
This year marks the 50th anniversaries of Medicare and Medicaid and the 80th anniversary of Social Security. Fifty-seven percent of people on Medicare, 70 percent of adults on Medicaid and 56 percent of Social Security recipients (66 percent of those over 85) are women. Together, Social Security, Medicare and Medicaid provide critical health and financial security.
via Huffington Post.
Related Reading:
- Women and Social Security.
- While Social Security is a program that is vitally important to all Americans, it is especially important to the financial security of women. There are a number of reasons why this is so. First of all, women live longer than men.
- Medicare and Women.
- Medicare, combined with Social Security, has improved the economic status of older Americans and younger people with disabilities. Prior to Medicare, one - half of older Americans were uninsured and one - third were living in poverty. Today, with access to health care coverage, the poverty rate for seniors is nine percent.
- Women and the Retirement Savings Gap.
- Older women have significantly lower retirement benefits than men.
In Congress, Pence has consistently voted in favor of legislative efforts to cut benefits in Social Security, Medicare and Medicaid and is one of Congress’ biggest proponents of privatization. The National Committee to Preserve Social Security and Medicare scored Mike Pence at 0% on issues important to seniors during the 2011-2012 Congress since he voted for multiple pieces of legislation that would cut benefits and programs that protect senior’s health and financial security.
via Jewish Journal.
Related Reading:
via twitter.
Related Reading:
The Trump administration has sent a grim message to America’s seniors.
President Trump’s 2020 budget proposal shortchanges seniors by:
- Slashing $845 billion from Medicare.
- Cutting $25 billion from Social Security Disability Insurance.
- Gutting Medicaid by 1.5 trillion.
- Cutting the Social Security Administration’s operating budget by 3.5%.
Max Ritchman, President and CEO of the National Committee to Preserve Social Security and Medicare: “America’s seniors understand all too well that our nation faces a retirement crisis and improving Social Security benefits is vital to keeping millions from poverty. Rep. Linda Sanchez’s ‘Strengthening Social Security Act’ makes several important improvements for seniors by: phasing out the payroll tax cap so that the wealthy pay their fair share, creating a Cost of Living adjustment for the elderly and boosting benefits for all retirees including widows/widowers. NCPSSM strongly supports this legislation and applauds Congresswoman Sanchez for doing the right thing for America’s seniors and their families.”
Related Reading:
via twitter.
Related Reading:
The GOP tax scam (tax cuts for the wealthy) will add over $1.5 trillion in debt. How will the GOP pay for it? By cutting Social Security, Medicare, and Medicaid.
How the Tax Law Affects Seniors.
The tax law would leave Medicare, Medicaid and Social Security vulnerable to benefit cuts because of its dramatic $1.5 trillion increase at a minimum in the public debt – an increase that will have to be offset in the future.