Will Republicans cut Social Security and Medicare after tax cuts pass?
Marco Rubio Makes It Clear: Republicans Will Cut Social Security And Medicare After Tax Cuts Pass
Why did only one Republican vote against Medicare?
Though Republicans supported it, no Democrat in Congress would agree and the balance was such the Republicans had to convince at least one Senator to switch sides. When Medicare was first being considered Senate Republican Robert Dole (then in the House) voted against it.
Does Rick Scott want to end Social Security and Medicare?
Scott never specifically mentioned Social Security, Medicare and Medicaid in his call for sunsetting all federal legislation in five years, but he has acknowledged that they would be included. Scott says his aim would be to “fix,” not end, the programs.
Could Medicare and Social Security be taken away?
That was the case with GOP proposals to repeal and replace the Affordable Care Act. Under these prior proposals, other beneficiaries might have experienced cutbacks in their Medicaid coverage. But the program itself wouldn’t have been taken away. The argument that Medicare or Social Security could be eliminated is even weaker.
When did Ryan say the House passed the biggest entitlement reform bill?
Why didn't McConnell say entitlement reforms?
Is a cutback the same as elimination?
Did Wyden say Republicans are taking away Medicare?
See more
About this website
Fact check: Do Senate Republicans want to 'end' Medicare, Social ...
A television ad produced by the Democratic Senatorial Campaign Committee claims that Republicans in the U.S. Senate are planning to end Social Security and Medicare. PolitiFact checks the claim.
Republicans and Social Security: 4 Facts You Need to Know
1. Republicans aren't going to take away Social Security. Without beating around the bush, the Republican Party is often associated as being the party of the well-to-do -- and the rich typically ...
Republicans Are Pushing Myths About Social Security - Forbes
Republican politicians want to cut Social Security. They never say so out loud, but their 2016 platform reveals the truth. In the section labeled, “Saving Social Security,” it proclaims, “As ...
Republicans have a plan to cut Social Security and Medicare
Jake Johnson reports in Common Dreams that Senator Lindsey Graham is using the Republicans’ leverage in Congress to cut Social Security and Medicare. Only if Democrats agree to these cuts would Republicans agree to raise the federal debt ceiling. Americans pay into Social Security and Medicare throughout their working lives.
When did Ryan say the House passed the biggest entitlement reform bill?
The release quotes Ryan at a subsequent press conference on March 20, 2018, saying, "The House passed the biggest entitlement reform bill Congress has ever considered last year, and regrettably the Senate did not follow suit. So we’re just going to have to keep at it on entitlements.".
Why didn't McConnell say entitlement reforms?
22, 2017, that he does not plan to bring up entitlement reforms in the current environment due to a lack of bipartisan agreement on the sensitive issue.
Is a cutback the same as elimination?
Cutbacks aren’t the same as elimination. However, none of the proposals being weighed by Republican lawmakers would eliminate the programs. And Senate Majority Leader Mitch McConnell, R-Ky., does not share Ryan's zeal for taking up entitlement changes.
Did Wyden say Republicans are taking away Medicare?
Wyden said, "Republicans in Congress are plotting to take away Medicare, Medicaid and Social Security.". Some key Republicans, including Ryan, have long argued in favor of overhauling entitlement programs such as these by reducing the amount of money spent on them. However, no Republican proposal has been made to "take away" any ...
Republicans Plan to Cut Social Security, Medicare, and Medicaid
Robert Reich explains the longtime Republican plan to slash Social Security, Medicare and Medicaid.
Fmr. GOP congressman: Why I changed my mind on Obamacare
This Cookie Notice (“Notice”) explains how NBCUniversal and its affiliates (“NBCUniversal” or “we”), along with our partners, including advertisers and vendors, use cookies and similar tracking technologies when you use our websites, applications, such as games, interactive TV, voice-activated assistants, and other services that link to this policy, as well as connected devices, including those used in our theme parks (“Services”).
What was the national debt after Clinton?
After Clinton left office, Bush pushed through a giant tax cut — and the budget deficits reemerged. The national debt held by the public is now nearly $15.7 trillion — and the tax cut will only increase that total. The deficit is expected to climb to $973 billion in the current fiscal year, according to the CBO.
Why does McConnell say there needs to be a bipartisan solution?
That’s why McConnell says there needs to be a bipartisan solution. Whitehouse would have been on more solid ground if he had protested that a mostly partisan tax bill had made the deficit problem worse and made it harder to grapple with baby-boomer retirements.
How much was the deficit in 2018?
Democrats have seized on recent comments by Senate Majority Leader Mitch McConnell (R-Ky.) in a round of media interviews after the Treasury Department reported that the federal budget deficit increased 17 percent year over year, to $779 billion in fiscal 2018.
What was the last time the unemployment rate was below 4 percent?
The last time the U.S. unemployment rate was below 4 percent— when the economy was booming under Bill Clinton and the government was running a budget surplus — Clinton was able to blunt Republican demands for a tax cut with the mantra of “Save Social Security First.”.
Is Whitehouse running for reelection?
Whitehouse is running for reelection in what appears to be an easy race — the latest poll has him up by 24 percentage points — but that has not stopped him from running hard-hitting commercials.
Did McConnell say Republicans hoped to cut programs?
That’s not what McConnell said. In fact, he did not even say the Republicans hoped to cut those programs. He said changes would happen only if both parties worked together to overhaul the programs, which are under financial stress because of the retirement of the baby-boom generation. Advertisement.
When did the American Rescue Plan expire?
Most of its provisions expired in the second half of 2020. The newly elected Congress then enacted the American Rescue Plan in March 2021. It supports people, businesses and state and local governments with substantial yet temporary financial relief.
What are the immediate benefits of a tax increase?
The immediate benefits are less inequality and better health outcomes, both of which ultimately support stronger economic growth. Improving revenues for these programs by, for example, increasing payroll taxes on the top income earners will ultimately result in stronger growth and shrinking federal deficits.
What are the temporary fiscal interventions of 2020 and 2021?
The temporary fiscal interventions of 2020 and 2021, which the senators opposed, provide a much higher bang for the buck than the long-term budget busting trickle-down tax cuts of 2017, which many supported.
What was Donald Trump's signature legislative achievement?
Donald Trump’s signature legislative achievement was the Tac Cuts and Jobs Act of 2017. It showered trillions of dollars on highly profitable corporations and the richest American households that had seen the largest economic gains in the wake of the Great Recession from 2007 to 2009. Moreover, many provisions of this tax legislation are now permanent fixtures of the tax code and many temporary ones, such as tax cuts for high-income earners will likely become permanent, if past supply-side tax cuts are any indication.
Is the Cares Act a temporary measure?
The pandemic-related deficits are mainly temporary. Congress enacted the CARES Act in March 2020, which offered temporary relief main ly to families, unemployed workers and closed business.
Does the Cares Act help the economy?
In contrast, the CARES Act offered much needed relief amid the worst unemployment crisis since the Great Depression, while it helped to stem the tide on declining economic growth. And experts predict that ARPA will boost economic growth to its highest rate in decades.
Will the Federal Reserve keep interest rates low?
The Federal Reserve will also likely keep interest rates low for some time. Congress will eventually need to worry about the long-term health of the U.S. government, but that does not mean a balanced budget, especially one that is achieved by cutting only vital programs.
Who voted against Medicare?
When Medicare was first being considered Senate Republican Robert Dole (then in the House) voted against it. Also in opposition to Medicare, in a famous 1964 speech, Ronald Reagan explained that his opposition to Social Security and Medicare is why he switched from the Democratic Party to the Republican Party.
Which party is opposed to Social Security?
The Republican Party has always been associated with opposition to Social Security. Economic historian Max Skidmore shows that the final vote for Social Security was lopsided--only 2% of Democrats voted against it (because it wasn't generous enough) while 33% of Republicans voted against Social Security.
Why did McConnell say the Republicans would defend the tax cuts?
This poll was taken a week after Senator McConnell said the Republicans would defend the tax cuts and cut Social Security, Medicare and Medicaid in order to curb the growing deficit, caused in significant part by those very tax cuts. The Republican Party has always been associated with opposition to Social Security.
What percentage of Americans would prefer to reverse the Republican tax cuts?
A poll one week before the election about Republican social and economic policy is a red flag for Republicans. 60% of Americans would prefer to reverse the Republican 2017 tax cuts than cut spending on Social Security, Medicare and Medicaid.
What would happen if Social Security was passed?
A representative of the Illinois manufacturers testified that if Social Security was passed it would undermine America by “destroying initiative, discouraging thrift, and stifling individual responsibility.”. In 1935, Republican congressman John Taber said Social Security “is designed to prevent business recovery, to enslave workers, ...
Is Social Security a fiscal discipline?
Social Security is one of the few government programs with built-in fiscal discipline. Bottom Line: Though Senator McConnell may not have meant to publicize the Republican agenda to cut Social Security, Medicare and Medicaid, the long history of Republican opposition may be an example of what Sigmund Freud and modern psychologists believe--a slip ...
Who is the highest ranking Republican in the Senate?
Not only is President Trump arguing with leading Republican Paul Ryan, about the Constitution, but the highest-ranking Republican in the Senate – Senator Mitch McConnell -- has called for cuts to Social Security.
Who was the president of the United States when he called for cuts to Social Security?
President George W. Bush turned that surplus into a mammoth tax cut for the wealthy, and within just a few years, Biden was again calling for cuts to Social Security to deal with the deficit. “The American people know we have to fix Social Security,” Biden said in 2007.
What was Biden's fixation on cutting Social Security?
One of Ronald Reagan’s first major moves as president was to implement a mammoth tax cut, tilted toward the wealthy, and to increase defense spending. Biden, a Delaware senator at the time, supported both moves.
Why did Biden call for cuts to Social Security?
As early as 1984 and as recently as 2018, former Vice President Joe Biden called for cuts to Social Security in the name of saving the program and balancing the federal budget. Last week, Sen. Bernie Sanders highlighted Biden’s record on Social Security in prosecuting the case that Biden isn’t the most electable candidate.
What did Joe Biden support?
And after a Republican wave swept Congress in 1994, Biden’s support for cutting Social Security, and his general advocacy for budget austerity, made him a leading combatant in the centrist-wing battle against the party’s retreating liberals in the 1980s and ’90s.
Who was the Republican senator who called for a freeze on federal spending?
In the midst of that debate, Biden teamed up with Iowa Republican Sen. Chuck Grassley to call for a freeze on federal spending, and insisted on including Social Security in that freeze, even as the Reagan administration fought to protect the program from cuts.
Does Biden support Social Security?
Biden himself, at least on his campaign website, now supports making Social Security more generous, not less. But that’s at odds with decades of his own advocacy, a record that could become a major political liability among voters concerned Biden will finally get his wish to trim back Social Security checks.
Did Biden push for the balanced budget amendment?
Biden pushed for an amendment to carve Social Security out of the balanced budget amendment. Clear as it may have been, the amendment to protect Social Security failed. Biden voted for the balanced budget amendment anyway, even after his multiple warnings that it would undercut Social Security.
Fact check: 'Record' job gains still leave the U.S. labor market in worse shape than Great Recession
On the last night of his party’s convention, President Trump bragged about “record” job gains in recent months, but the 9.1 million jobs he touts come with some qualifiers.
Trump usually includes new material in major speeches. Not tonight
President Trump spoke for roughly 70 minutes on Thursday, one of the longest convention speeches in modern history.
Trump speech missing several of his favorite talking points
While President Trump launched attack after attack on Joe Biden, he left out a number of his favorite topics of criticism in his acceptance speech.
Fact check: Trump claims Biden wants to 'close all charter schools.' That's false
"Biden also vowed to oppose school choice and close all charter schools, ripping away the ladder of opportunity for Black and Hispanic children," Trump claimed on Tuesday night.
Fact check: Trump repeats out-of-context Biden comment to mislead on police stance
President Trump, arguing that Americans wouldn't be safe under Joe Biden, repeated a claim Mike Pence made Wednesday, quoting the former vice president as saying, "Yes, absolutely," as a response to whether he'd broadly support cutting funding for law enforcement.
Fact check: Trump boasts of delivering PPE early in pandemic, doesn't mention ongoing shortages
"We shipped hundreds of millions of masks, gloves and gowns to our frontline health care workers.
Trump mentions Kenosha, not Jacob Blake
Midway through his speech Thursday, Donald Trump mentioned Kenosha, Wisconsin — but did not make mention of Jacob Blake, who was shot seven times in the back by the city's police.
When did Ryan say the House passed the biggest entitlement reform bill?
The release quotes Ryan at a subsequent press conference on March 20, 2018, saying, "The House passed the biggest entitlement reform bill Congress has ever considered last year, and regrettably the Senate did not follow suit. So we’re just going to have to keep at it on entitlements.".
Why didn't McConnell say entitlement reforms?
22, 2017, that he does not plan to bring up entitlement reforms in the current environment due to a lack of bipartisan agreement on the sensitive issue.
Is a cutback the same as elimination?
Cutbacks aren’t the same as elimination. However, none of the proposals being weighed by Republican lawmakers would eliminate the programs. And Senate Majority Leader Mitch McConnell, R-Ky., does not share Ryan's zeal for taking up entitlement changes.
Did Wyden say Republicans are taking away Medicare?
Wyden said, "Republicans in Congress are plotting to take away Medicare, Medicaid and Social Security.". Some key Republicans, including Ryan, have long argued in favor of overhauling entitlement programs such as these by reducing the amount of money spent on them. However, no Republican proposal has been made to "take away" any ...
Scott’s ’11-Point Plan’
- Outlining his vision for what he thinks a Republican-controlled Congress should do after the 2022 elections, Scott in February put out “An 11-Point Plan to Rescue America.” Under Point Six, which aims to shrink the size of the federal government, Scott writes, “All federal legislation sunsets in 5 years. If a law is worth keeping, Congress can pass...
Other Democratic Attacks
- On April 28, the Democratic Senatorial Campaign Committee tweetedthat the “Senate Republicans’ plan would END” Social Security. The tweet includes a video that starts with an edited clip of Fox News anchor John Roberts asking Scott about his plan. “You recently put out an 11-point plan to rescue America,” Roberts said. “That would raise taxes on half of Americans an…
Scott on Social Security, Medicare
- In the same “Fox News Sunday” interviewfeatured in the DSCC ad and tweet, Scott went on to say that he had no intention of eliminating Social Security, Medicare or Medicaid. “Here’s what’s happening,” Scott said. “No one that I know of wants to sunset Medicare or Social Security, but what we’re doing is we don’t even talk about it. Medicare goes bankrupt in four years. Social Sec…