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Insider’s Report: Why Are So Many GOP Lawmakers Backing Plans to Destroy Social Security and Medicare?
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While we’ve been celebrating our historic victory on prescription drug pricing reform that will benefit millions of older Americans by helping tame soaring prescription drug prices, some lawmakers have been working to undermine Social Security and Medicare.
Politicians fundamentally opposed to your earned benefits and who want to change the fundamental nature of Social Security and Medicare are hoping the upcoming election will strengthen their ranks in Congress.
Senators like Ron Johnson (WI) who recently lamented, “Social Security and Medicare, if you qualify for the entitlement, you just get it no matter what the cost.” He’s now suggesting that we turn Social Security and Medicare into discretionary programs which would require annual approval from Congress to fund these programs.
And if the next election ushers in more lawmakers to Congress who support radical changes like this to the programs you rely on for a secure retirement, then they may have enough votes to ram through devastating “reforms” to Social Security and Medicare, including:
Reducing the annual Social Security Cost-of-Living Adjustment (COLA), raising the Social Security retirement and Medicare eligibility ages, even privatizing Social Security and Medicare which would turn over control of these programs to for-profit entities.
These “fixes” … “reforms” … “restructuring” — whatever you want to call them — all add up to plans to destroy Social Security and Medicare.
That’s why the National Committee is working to put members of Congress, many of whom are running for reelection, on notice that American workers and retirees like you will not hand over our earned benefits without a fight. And we’ll remind the candidates and incumbents that Social Security and Medicare belong to America’s workers, retirees and their families, not to politicians working to dismantle them!
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| DRUG PRICING REFORM VICTORY! |
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The National Committee applauds the passage of the Inflation Reduction Act which will help tame prescription drug prices inflated by Big Pharma for too long. For the first time ever, the legislation will require Medicare to negotiate the price of key high-cost prescription drugs with drug makers, cap Medicare Part D beneficiaries’ out-of-pocket drug costs to $2,000 per year, cap the cost of insulin for Part D patients at $35/month, and penalizes drugmakers for raising prices above the rate of inflation.
While these are important steps to rein in Big Pharma’s power to charge Americans exorbitant prices for lifesaving drugs, the National Committee remains committed to building on this progress and seeking legislative action on other critically needed drug pricing reforms.
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| Ask Web |
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Our resident Social Security expert, Webster Phillips — a Senior Policy Analyst for the National Committee and a 31-year veteran at the Social Security Administration — is here to answer your questions about Social Security.
You can either search our archives for valuable advice on a broad range of concerns or submit your question here.
This week's question is: My father passed away three years ago. He had been receiving Social Security. When he passed away, my mother was told she would not be able to draw anything from his record. My father was 79 when he died, and my mother is now 49. There are no children living at home or in school. She was told that if she had children in school, she would still be able to draw his Social Security. Is this right?
Click here to read the answer.
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| Poll Results! |
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In the last issue of Benefits Watch we asked our readers the following question:
Who do you believe poses the biggest threat to Social Security and Medicare benefits?
The results from our recent poll are fascinating, but they’re only available to National Committee members! Join the National Committee today and we’ll immediately give you the results of this important poll.
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Ask Web
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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Join Now
Your support sustains our campaigns in Washington to protect and strengthen Social Security and Medicare. |
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Aging, Health and Care
Find useful resources on everything from caregiving and hearing care to long-term care and transportation. |
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| PhRMA’s Bogus Argument About Rx Drug Prices |
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NCPSSM President Max Richtman tells radio audience not to believe Big Pharma's claims opposing prescription drug price reform. "I don't buy their arguments and they don't hold up to scrutiny." (July 13, 2022, WHMP, Radio interview with NCPSSM President & CEO Max Richtman)
Listen Here →
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| 5 ways the Democrats' inflation bill could lower drug prices for seniors |
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Congress is poised to make the biggest changes to Medicare in nearly two decades. The Democrats' health care and climate package, which the House is expected to take up on Friday after the Senate passed it on Sunday, aims to lower drug prices in Medicare, which would save both senior citizens and the federal government money. (August 11, 2022, CNN, Tami Luhby)
Read More →
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| If you’re ‘unretiring’ and collecting Social Security, here’s what to know before heading back to work |
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A combination of record high prices and a record number of job openings has been encouraging more retirees to go back to work. But if you’re already collecting Social Security retirement benefits, there are a few things you should know before you start earning paychecks again. (August 6, 2022, CNBC, Lorie Konish)
Read More →
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