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Insider’s Report: What does Project 2025 mean for seniors?
You’ve probably heard a lot of talk about something called “Project 2025.” ( [link removed] ) The 2025 Presidential Transition Project (Project 2025) is a “comprehensive policy guide for the next conservative U.S. president,” which “pulls from the expertise of hundreds of political appointees, policy scholars, and conservative leaders across the conservative movement.”
It is the effort of a broad coalition of some of the most far-right conservative organizations in the country who have come together to ensure that, if former President Donald Trump is re-elected in November, his administration will have the policy proposals and recommended personnel at its fingertips to begin re-shaping our nation in their image from ‘day one.'
Many of the groups, including the Heritage Foundation, who helped design Project 2025 have promoted policies that would cut Social Security by raising the retirement age, cutting the annual Cost-of-Living Adjustment (COLA), privatizing the program for the benefit of Wall Street and means testing benefits which would reduce middle-class beneficiaries.
While the former President has tried to disavow Project 2025 and its most radical policies, according to extensive research conducted by CNN, there are many people who served in Trump’s Administration who helped write or collaborated on this 900-page playbook for a second Trump term.
And while this plan doesn’t lay out specific “reforms” for Social Security, likely because some of the architects of Project 2025 understand the dangers of saying out loud where they really stand on this extremely popular program, it does include specific plans for Medicare, including accelerating the privatization of traditional Medicare by expanding Medicare Advantage (MA) plans.
Yet, MA plans cost taxpayers more than traditional Medicare, limit provider choice to beneficiaries, and have been caught denying prior authorizations for Medicare-covered services and have abused marketing practices.
And among other measures that would impact seniors, Project 2025 would also repeal critical drug pricing reforms passed in the last Congress that are helping to rein in seniors’ out-of-pocket prescription drug costs and save Medicare billions of dollars.
The organizations behind Project 2025 have promoted dismantling Social Security and Medicare for decades and will inevitably push to achieve their goals in the coming years.
As seniors who are counting on their earned benefits for a secure retirement, we must not allow ourselves to become complacent about Social Security and Medicare’s future; rather, we must continue advocating to preserve and strengthen these critical programs for today’s beneficiaries and future generations.
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Make a donation now to help us keep the pressure on Congress. Your continued support is essential to the National Committee's mission. ( [link removed] )
New Podcast Episode: Vote4Social Security Episode 2: Good, Bad & Ugly Choices for Social Security
Check out the National Committee’s latest “You Earned This” podcast episode. ( [link removed] ) This is the second episode in a special series of voter education podcasts about Social Security for 2024! We sit down with our very own Director of Government Relations & Policy Dan Adcock who explains the good and bad proposals for the future of Social Security.
Ask Us!
Whether you’re retired or approaching retirement, our team of experts in the field of Social Security policy is available to answer your questions about benefits.
You can either search our archives ( [link removed] ) for valuable advice on a broad range of concerns or submit your question here ( [link removed] ).
This week’s question is:
In the future, will older workers experience more years of disability?
Click here to read the answer. ( [link removed] )
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Ask Us
Whether you’re currently retired or approaching retirement, we can help answer your questions and provide valuable advice on Social Security.
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Your support sustains our campaigns in Washington to protect and strengthen Social Security and Medicare.
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Medicare Benefits
Learn more about the Medicare program and the policies the National Committee supports that would strengthen your health care.
Voter Education Video: Dan Adcock ( [link removed] )
“It's important for voters to go into the voting booth knowing where their candidates stand on Social Security,” says our Director of Government Relations & Policy Dan Adcock in this #Vote4SocialSecurity 2024 video! See what Dan says candidates must promise in order to earn your vote. (September 26, 2024, Vote4SocialSecurity)
Watch Here → ( [link removed] )
CBO: GOP Social Security Plan Would Cut Benefits by Thousands, Not Extend Solvency ( [link removed] )
Before President Joe Biden left the contest and passed the torch to Harris, the National Committee to Preserve Social Security & Medicare, National United Committee to Protect Pensions, and Social Security Works were backing him over Trump. All three groups have endorsed Harris. (September 25, 2024, Common Dreams, Jessica Corbett)
Read Here → ( [link removed] )
Medicare Open Enrollment is only 1 month away. Here are 3 things all retirees should know. ( [link removed] )
Medicare’s open enrollment period runs from Oct. 15 through Dec. 7 every year. Here are a few things all retirees need to know about it. (September 15, 2024, USA TODAY, Maurie Backman)
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Social Security’s death benefit has been $255 since 1954. Some senators want to change that ( [link removed] )
Social Security may provide a one-time $255 death benefit to your loved ones when you die, but that amount has not changed in 70 years. A new bill has been introduced in the Senate to raise that amount to reflect today’s cost of living. (September 26, 2024, CNBC, Lorie Konish)
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How Much Will Medicare Part D Prescription Drug Premiums Increase In 2025? ( [link removed] )
CMS has been reworking the program to keep Part D 2025 premiums from rising substantially. Beginning in 2025, out-of-pocket prescription drug spending for Part D policyholders will be limited to $2,000. (September 25, 2024, Forbes, Bob Carlson)
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Nearly 30,000 Americans died waiting for Social Security benefit decision ( [link removed] )
Nearly 30,000 Americans died waiting for their Social Security disability benefit decision last year, according to Social Security Commissioner Martin O’Malley. O’Malley said that it’s a “small percentage” of the average number of people waiting for a decision, but it “remains imperative that we issue decisions faster at every level.” (Updated September 19, 2024, Newsweek, Suzanne Blake)
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Spotlight on scams and frauds targeting older Americans ( [link removed] )
Two weeks ago, U.S. Senator Bob Casey (D-PA), Chairman of the U.S. Senate Special Committee on Aging, held a full Committee Hearing, taking a look at an important issue impacting older Americans, the rampant increase of scams and frauds. (September 23, 2024, Rhode Island News Today, Herb Weiss)
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