Work Til You Drop:
FACT SHEET: Congressional Republicans’ Many Proposals to Cut Social Security and Medicare, and Increase Prescription Drug Prices and Health Care Premiums
“During his Tampa visit, the President will contrast his commitment to protecting and strengthening Medicare and Social Security and lowering prescription drug prices, with Congressional Republicans’ plans to cut these programs“
Trump is telling the truth (for once)
https://rescueamerica.com/12-point-plan/
“All federal legislation sunsets in 5 years. If a law is worth keeping, Congress can pass it again.”
List of Republicans Who Have Suggested Cutting Medicare, Social Security
Do YOU want to work LONGER?
March of 2022:
Examining Rick Scott’s Claim That Medicare, Social Security Will Soon Go ‘Bankrupt’
“Scott, chairman of the National Republican Senatorial Committee, discusses Medicare and Social Security in the plan under “Point Six: Government Reform/Debt.”
That section of his plan calls for sunsetting “all federal legislation” in five years, forcing Congress to act if it wants to keep federal programs. “If a law is worth keeping, Congress can pass it again,” the plan says. It also calls on “Congress to issue a report every year telling the public what they plan to do when Social Security and Medicare go bankrupt.””
August of 2022:
Ron Johnson calls for annual approval of Social Security, Medicare funding
“Republican US Senator says mandatory funding of benefits drives up federal deficit”
The Sad Thing is that Ron Johnson was reelected to office AFTER saying this!
GOP is threatening to default on US debt if Social Security and Medicare are not cut.
U.S. debt default could wipe out 6 million jobs and $15 trillion in wealth, Moody’s says
THIS:
Scalise acknowledges GOP plan to change Social Security, Medicare
“As the midterms elections near, voters don’t appear focused on Republican plans for Social Security and Medicare. That’s probably a mistake.“
Social Security Isn’t an Entitlement — Here’s How to Qualify for Benefits
Social Security Solvency: Lindsey Graham Thinks Seniors May ‘Have to’ Take Less Money — Can They Afford a Benefits Cut?
Graham, Paul, and Lee Introduce Plan for Social Security Reform
WASHINGTON – U.S. Senators Lindsey Graham (R-South Carolina), Rand Paul (R-Kentucky), and Mike Lee (R-Utah) today introduced new legislation addressing major funding issues facing Social Security in the coming years. The Senators noted their plan, Social Security Solvency and Sustainability Act, achieves sustainable solvency for the Social Security system without any tax increases.
What the plan accomplishes:Reduces debt held by the public by $6.2 trillion by 2085.
Eliminates the current difference of $5.4 trillion between benefits promised and what Social Security can actually pay.
Creates a solvent and sustainable Social Security system that will be able to provide the benefits it promises to future generations without raising taxes.
Gradual Increase in the Social Security Retirement Age – The senators propose a gradual increase in the Social Security full retirement age to 70 by 2032.
Indexing the Retirement Age to Longevity – When retirement age of 70 is achieved, the full retirement age will then be indexed to increases or decreases in life expectancy. Indexing will help maintain a constant ratio of years worked to years spent in retirement. (Click here for chart detailing current law and Social Security Solvency and Sustainability Act retirement age.)
Gradual Increase in the Early Retirement Age – The senators propose a gradual increase in the Social Security early retirement age from 62 to 64 by 2028.
Slower Benefit Accumulation for Higher Lifetime Earners – After 2018, all new retirees coming into the system will have benefits based on the first $43,000 of their average lifetime yearly earnings calculated based on wage growth. Above $43,000, benefits will be calculated based on price growth.
The 2016 GOP platform promised to balance the budget.
https://prod-cdn-static.gop.com/media/documents/DRAFT_12_FINAL%5B1%5D-ben_1468872234.pdf
2017 – GOP and Donald Trump gave Berkshire-Hathaway $29 Billion (with a B!)
https://www.berkshirehathaway.com/2017ar/2017ar.pdf
