"People are tired of the rich getting gifts from Washington at the expense of everyone else -- and they're also tired of brinkmanship. It was a bad idea to create a fiscal cliff, and it's an even worse idea for Republicans to threaten to drive off it and take the American middle class with them."

unitehere

People are tired of the rich getting gifts from Washington at the expense of everyone else — and they’re also tired of brinkmanship. It was a bad idea to create a fiscal cliff, and it’s an even worse idea for Republicans to threaten to drive off it and take the American middle class with them.

The Huffington Post column by AFL-CIO President Richard Trumka in which he reality checks Speaker Boehner and Republicans: “Listen to the voters. Don’t cut rates again for the rich. Don’t cut Social Security, Medicare or Medicaid benefits.” (via unitehere)

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aflcio

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“Advocates for seniors and the middle class have been warning for weeks that the Republican drive to cut taxes for the wealthy is the prelude to a larger attack on Social Security and Medicare…
…But $25 billion a year is a drastic cut that “would... — Advocates for seniors and the middle class have been warning for weeks that the Republican drive to cut taxes for the wealthy is the prelude to a larger attack on Social Security and Medicare…
…But $25 billion a year is a drastic cut that “would undermine the delivery of care to the 57 million seniors and disabled Americans who depend on the program,” Max Richtman, head of the National Committee to Preserve Social Security and Medicare, said a couple of weeks ago.
via Los Angeles Times.
**Related Reading:**
The projected $1.5 trillion the tax cuts would add to the national debt would no doubt spur Republicans to pursue even deeper cuts to seniors’ earned benefits, leading to benefit cuts and higher eligibility ages for Medicare and Social Security.
According to Politifact, some 40 million Americans would pay higher taxes in 2027 than they would today.
Older Americans would be hit particularly hard. Not only might their taxes go up if they are not fortunate enough to inhabit the upper income echelons, but the tax legislation would automatically trigger $25 billion in immediate cuts to Medicare.

Source: bit.ly politics tax reform GOP taxes marco rubio entitlements social security medicare entitlement reform retirement retirees retirement crisis older americans elderly healthcare health care GOP tax bill earned benefits seniors social insurance p2

bit.ly

Rubio: Offset Tax Cuts By Reducing Social Security, Medicare Benefits

“I analyze this very differently than most,” Rubio told the crowd. “Many argue that you can’t cut taxes because it will drive up the deficit. But we have to do two things. We have to generate economic growth which generates revenue, while reducing spending. That will mean instituting structural changes to Social Security and Medicare for the future,” the senator said.
via Financial Advisor.

Related Reading:

Outrage Crucial as Trump-GOP Tax Scam Gets Dangerously Close to Passing the Senate.

The projected $1.5 trillion the tax cuts would add to the national debt would no doubt spur Republicans to pursue even deeper cuts to seniors’ earned benefits, leading to benefit cuts and higher eligibility ages for Medicare and Social Security.

Source: bit.ly politics social security medicare earned benefits marco rubio GOP republicans social insurance entitlements entitlement reform retirement retirees retirement crisis tax reform taxes older americans elderly healthcare health care GOP tax scam GOP tax bill p2

“GOP Tax Scam aka con game that should be called the ‘Washington two-step.’
Step one: Cut taxes for top-earning households and profitable corporations.
Step two: Use the higher deficits to cut critical programs, like Medicare, Medicaid and Social... — “GOP Tax Scam aka con game that should be called the ‘Washington two-step.’
**Step one:** Cut taxes for top-earning households and profitable corporations.
**Step two:** Use the higher deficits to cut critical programs, like Medicare, Medicaid and Social Security.”

Source: bit.ly politics social security medicare congress GOP tax bill taxes tax reform older americans elderly seniors health care healthcare wealthy entitlements entitlement reform p2

Medicare and Social Security in the 2012 Election:
• The economy and jobs dominated voters issue concerns going into the Presidential election, yet strong majorities of voters across party lines said that Social Security and Medicare was very... — Medicare and Social Security in the 2012 Election:
The economy and jobs dominated voters issue concerns going into the Presidential election, yet strong majorities of voters across party lines said that Social Security and Medicare was very important in deciding who to vote for.
Amongst seniors, Social Security and Medicare were strong second tier issues behind the economy.
A 57 percent majority of voters who said Medicare and Social Security was very important to their vote cast a ballot for President Obama, compared to 42 percent who voted for Governor Romney.
On Social Security, voters believe that both Democrats in Congress and the President would better handle the issue than Republicans in Congress.
On Medicare, President Obama ran ahead of Democrats in Congress and had a larger advantage among independents and voters under 50. In fact voters gave Republicans in Congress an edge over Democrats on Medicare.
By a three to one margin, voters overwhelmingly preferred the Democratic approach to Medicare over the Republican approach of providing a voucher. Even a plurality of Republican voters preferred the Democratic approach.
Voters oppose changes to Medicare that would cut benefits for people under 55 or reimbursements to doctors and other health care providers, but overwhelmingly support allowing Medicare to negotiate with prescription drug companies to lower the cost of prescription drugs.
When it comes to Social Security, the only change that voters support is to remove the wage ceiling on what is taxed for Social Security. Voters oppose means testing, reducing COLAs and raising the retirement age to 69.
See the poll results here!

Source: ncpssm social security medicare polls election election 2012

cepr.net

Social Security and Medicare Taxes Won't be Disastrous for the Young | CEPR Blog

The 2013 Social Security and Medicare Trustees reports will be released tomorrow. There is much discussion in policy circles of how the cost of these programs is projected to rise over the next three decades due to both the retirement of the baby boom cohorts and the increased cost of health care, which is the main factor behind the projected increase in Medicare costs. These projected cost increases have frequently been presented as implying a disastrous scenario for today’s young. In today’s edition, economist Dean Baker of the Center for Economic and Policy Research examines how the cost of these programs is likely to affect the financial well-being of our children and grandchildren:

Disaster stories about rising Social Security and Medicare costs ignore the fact that the tax increases projected over the next three decades are not very different than the tax increases that we have actually seen since 1980. Furthermore, the far more important factor in determining the well-being of our children and grandchildren is the extent to which their before tax wages increase in the decades ahead.

Stop Generational Warfare!

Source: ncpssm social security generational warfare politics medicare entitlements

ncpssm.org

Cutting Social Security Benefits Will Hurt State and Local Economies

While some in Washington claim America can’t afford programs like Social Security and Medicare, the truth is states simply can’t afford to lose the economic benefits these programs provide to every community in our nation. The National Committee to Preserve Social Security and Medicare has released state-by-state snapshots of how much revenue Social Security contributes to the economy of every Congressional District in each state and US territory.

Source: ncpssm.org social security economy politics medicare retirement seniors retirees

“Now you understand the essence of the Trump tax cut, signed into law a little over two months ago.
The key thing you need to know is that right now the U.S. government has no business cutting taxes. We need more revenue, not less.
Why? The federal... — Now you understand the essence of the Trump tax cut, signed into law a little over two months ago.
The key thing you need to know is that right now the U.S. government has no business cutting taxes. We need more revenue, not less.
Why? The federal government, as an old line says, is a giant insurance company with an army. Most of its costs come from Social Security, Medicare and Medicaid — and all three programs are becoming more expensive as ever more baby boomers reach retirement age. This means that unless we cut back sharply on benefits that middle-class Americans count on, we will need to raise more revenue than in the past.
And we already know what will give, if Republicans get their way: programs that benefit working Americans. In fact, the usual suspects like Paul Ryan were talking about the need for “entitlement reform” — meaning cuts in Medicare and Medicaid — to reduce deficits even as they were passing a huge tax cut that will make those deficits much worse.
via New York Times.
**Related Reading:**
The President’s FY 2019 budget leaves seniors
out in the cold.
The President’s spending plan calls for deep reductions to Social Security Disability Insurance, breaking his promise not to touch Social Security. It also includes cuts in Medicare, another program he promised not to touch.
President Trump’s budget for FY 2019 proposes to cut up to $64 billion from **Social Security Disability Insurance** (SSDI) benefits through demonstrations ostensibly geared toward helping disability beneficiaries to stay at work or return to work.
President Trump’s budget proposes over $500 billion in cuts to **Medicare**.

Source: bit.ly social security medicare politics medicaid p2 health care healthcare older americans elderly earned benefits tax reform taxes donald trump trump entitlements entitlement reform baby boomers retirement retirees retirement crisis

“While some in Washington claim America can’t afford programs like Social Security and Medicare, the truth is states simply can’t afford to lose the economic benefits these programs provide to every community in our nation. The National Committee to... — While some in Washington claim America can’t afford programs like Social Security and Medicare, the truth is states simply can’t afford to lose the economic benefits these programs provide to every community in our nation. The National Committee to Preserve Social Security and Medicare has released state-by-state snapshots of how much revenue Social Security contributes to the economy of every Congressional District in each state and US territory.
via NCPSSM.
Click through to view your states snap shot.

Source: thetruthnow.org social security politics p2 seniors elderly retirement retirees retirement crisis entitlements entitlement reform economy

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NCPSSM — “People are tired of the rich getting gifts from...

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The projected $1.5 trillion the tax cuts would add to the national debt would no doubt spur Republicans to pursue even deeper cuts to seniors’ earned benefits, leading to benefit cuts and higher eligibility ages for Medicare and Social Security.

Rubio: Offset Tax Cuts By Reducing Social Security, Medicare Benefits

Outrage Crucial as Trump-GOP Tax Scam Gets Dangerously Close to Passing the Senate.

Social Security and Medicare Taxes Won't be Disastrous for the Young | CEPR Blog

Cutting Social Security Benefits Will Hurt State and Local Economies

The President’s FY 2019 budget leaves seniorsout in the cold.

The President’s FY 2019 budget leaves seniors
out in the cold.