Max Richtman, President and CEO of the Washington, DC-based National Committee to Preserve Social Security and Medicare, gives his take on the Census Bureau’s 2017 statistical projections, too.
“Despite how cataclysmic this may sound, the rising number of older people due to the aging of baby boomers is no surprise and has been predicted for many years. This is why the Social Security system was changed in 1983 to prepare for this eventuality. Under current law, full benefits will continue to be paid through 2034 and we are confident that Congress will make the necessary changes, such as raising the wage cap, to ensure that full benefits continue to be made well into the future,” says Richtman.
Richtman calls informal caregiving “a critical part of a care plan” that enhances an older person’s well-being. “While there currently are programs such as the Medicaid Waiver that will pay family members who provide caregiving support more can be done to incentivize caregiving so that loss of personal income and Social Security work credits are not barriers to enlisting the help of younger individuals to provide informal support services,” he says.
Adds Richtman, the Medicare and Medicaid benefits which reimburse for the home-based services and skilled nursing care “will be unduly strained ”as the diagnosed cases of Alzheimer’s disease skyrockets with the growing boomer population. He calls on Congress to “immediately provide adequate research funding to the National Institutes of Health to accelerate finding a cure in order to save these programs and lower the burdens on family caregivers and the healthcare system. “
via Go Local Prov.
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#politics #health care #caregivers #caregiving #medicare #social security #entitlements #entitlement reform #earned benefits #p2 #elderly #older americans #retirement #retirees #retirement crisisMore you might like
Lumping Social Security and Medicare together and calling them ‘entitlements’ is also telling. These are earned benefits, not entitlements, which American workers have contributed to throughout their working lives. Conservatives have long used the word 'entitlements’ to make those earned benefits seem like welfare.
via Entitled to Know.
I think any budget that we pass out of the House must include entitlement reform
Rep. Mark Meadows (R-N.C.), chairman of the House Freedom Caucus.
Related Reading:
New Poll Shows Majorities Do Not Support GOP Proposals for Social Security and Medicare.
Sign Our Petition:
Asked Monday if the Trump administration would address “entitlement reform,” White House chief economic advisor Larry Kudlow said it will “probably” look at “larger entitlements” next year. Entitlement reform generally refers to changes or cuts to large government social programs such as Social Security, Medicare, Medicaid or food stamps.
via CNBC.
Related Reading:
Trump Advisor Re-Affirms Commitment to Cutting Social Security & Medicare.
- This aligns with comments from National Republican Congressional Committee chair, Rep. Steve Stivers, House Speaker Paul Ryan, and several other key GOP members about the need to pay for last year’s tax cuts by ‘reforming’ Social Security and Medicare. ‘Reforming,’ of course, means cutting and privatizing.
With the scribbled ink on December’s GOP tax legislation barely dry, congressional Republicans are promising to target Americans’ earned benefits this year. House Speaker Paul Ryan told a Wisconsin radio interviewer, “We’re going to have to get back… at entitlement reform, which is how you tackle the debt and the deficit.” Ryan went on to make a number of dubious claims, all to justify future benefit cuts for working Americans, millions of whom already are struggling to make ends meet.
Of course, Ryan has been using this rationale for years. The difference now is that he and his party finally have the power realize their long-held dreams of gutting programs that Americans have paid into for their entire working lives. Meanwhile, President Donald Trump is not the firewall against changes to Social Security and Medicare that he promised to be during the campaign.
In opposing these attempts to undermine Social Security and Medicare, it’s important for us to continue to correct a few of Ryan’s mendacious fairy tales about these programs:
Social Security and Medicare are the ‘major drivers’ of the debt
This is a canard budget hawks often use to attack earned benefits. The truth is that Social Security and Medicare Part A are self-funded through workers’ payroll contributions. They do not contribute a penny to the debt. However, one of the biggest drivers of the debt moving forward will be the Trump/GOP tax cut.
Read more from our op-ed here via Palm Beach Post.
Mulvaney, who supports Social Security and Medicare reforms, told CNBC ‘we’re working on’ persuading Trump to embrace entitlement reform, including changes to Social Security Disability Insurance.
Members of the conservative Freedom Caucus said Tuesday entitlement reform should be included in the next budget that passes the House, despite President Trump’s campaign promise that he would leave Social Security and Medicare alone.
via The Hill.
Related Reading:
- New Poll Shows Majorities Do Not Support GOP Proposals for Social Security and Medicare.
- In the poll of likely voters, 79% favor increasing Social Security
benefits — and funding that increase by having wealthy Americans pay
the same rate into Social Security as everyone else. Seventy-seven
percent oppose raising the Social Security retirement age to 69, and a
whopping 93% favor allowing Medicare to negotiate to bring down the
price of prescription drugs.
House Speaker Paul Ryan (R-Wis.) on Wednesday said House Republicans will aim to cut spending on Medicare, Medicaid and welfare programs next year as a way to trim the federal deficit.
“We’re going to have to get back next year at entitlement reform, which is how you tackle the debt and the deficit,” Ryan said during an interview on Ross Kaminsky’s talk radio show.
Health-care entitlements such as Medicare and Medicaid “are the big drivers of debt,” Ryan said, “so we spend more time on the health-care entitlements, because that’s really where the problem lies, fiscally speaking.“
via The Hill.
Related Reading:
After Passing Senate Tax Bill, GOP to Target Seniors’ Earned Benefits.
- As if to confirm the warnings of seniors’ advocates, Republicans have signaled that their next targets after the tax bill are Social Security, Medicare, and Medicaid.
- Senator Marco Rubio (R-FL) admitted as much in an interview with Politico last week, declaring that spending cuts in earned benefits programs will be necessary to pay for tax cuts for the wealthy and multinational corporations.
National Committee President, House Dems Decry GOP Tax Plan’s "Dire” Impact on Seniors.
- The tax bill will trigger an immediate $25 billion cut to Medicare unless Congress quickly waives the PAYGO provision of federal budget law.
- Both Medicare and Medicaid – which helps seniors afford long-term care – are targeted for deep cuts in the GOP budget plan.
Some in Washington talk about a need for “entitlement reform.” That translates to possible cuts to Social Security, Medicare, or Medicaid — or all three. One crucial element should not be missed: These safety net programs work in tandem. Changes to one affect another. Just-released data show this is particularly true for older Americans, whose financial and health security depend on these programs working in concert.
A new report from the Kaiser Family Foundation lays bare this interdependence. Nearly three-quarters of retirees see little to no annual increase in their Social Security income after they pay their Medicare hospital and drug premiums.
Read more from this article via The Hill.
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Fresh off passing massive tax cuts for corporations and the wealthy, Trump and congressional Republicans want to use the deficit they’ve created to justify huge cuts to Social Security, Medicare, and Medicaid.
As House Speaker Paul Ryan says “We’re going to have to get … at entitlement reform, which is how you tackle the debt and the deficit.”
Don’t let them get away with it.
Social Security and Medicare are critical safety-nets for working and middle-class families.
via Chicago Sun-Times.
We are keeping track of Members of Congress who voice their plans to target earned benefits and health care in 2018.
You can view the full project by clicking here.
Chiquita Brooks-LaSure becomes the first black woman to lead the agency that oversees #Medicare and #Medicaid. She is a major improvement over President Trump’s CMS administrator, who undermined Medicaid and the Affordable Care Act. https://www.nytimes.com/2021/05/25/us/politics/chiquita-brooks-lasure-medicare-medicaid.html @CMSGov