deficit

What’s the Reaction to Obama’s Social Security Proposal?

Posted on 04/10/2013 by | Washington Watch | Comments

Bulletin Today | PoliticsWe knew it was coming. Still, now here, it’s causing quite a stir. President Obama’s new budget proposes a change in the formula for Social Security cost-of-living adjustments. Many Democrats are saying they disagree with their president. Many Republicans are saying they like the idea and want it implemented quickly. And advocates for older Americans are saying, “No way.” The proposed change, called the chained CPI, is a twist on the consumer price index, the formula that helps Social Security, veterans …

Illinoisans Detest President Obama’s Chained CPI Budget Proposal

Posted on 04/5/2013 by | All the news that matters for Illinoisans over 50. | Comments

PoliticsIf Chained CPI is included in the President’s budget proposal, as is being reported today, President Obama is laying out a clear marker that he is willing to cut Social Security and other benefits to balance the budget, which breaks a promise he made when he was elected to office.  On September 6, 2008, Senator Barack Obama told AARP members: ”John McCain’s campaign has suggested that the best answer for the growing pressures on Social Security might be to cut cost of …

FAQs: How Do Competing Budgets Compare on Health Care Savings?

Posted on 03/13/2013 by | News | Comments

Bulletin Today | PoliticsFrom Kaiser Health News Republican and Democratic leaders from both chambers of Congress this week offered competing budget proposals that both look for savings in health care. KHN’s Mary Agnes Carey talks with Jackie Judd about what’s next for the proposals, and what President Obama could offer himself. > > Listen to the audio or read a transcript below. Jackie Judd: Good day, this is Health on the Hill. I’m Jackie Judd. Congressional budget leaders have now laid out their vision for federal spending …

Poll: Americans Want Deficit Addressed Without Medicare Cuts

Posted on 01/25/2013 by | Health | Comments

Bulletin Today | PoliticsBy Mary Agnes Carey, Senior Correspondent, Kaiser Health News Most Americans want quick action to reduce the federal budget deficit, but almost six in 10 oppose cutting Medicare spending to achieve that goal, according to a new poll released today. Lawmakers should examine other alternatives, including requiring drug makers to give the government “a better deal” on medications for low-income seniors (85 percent) and making higher-income seniors pay more for coverage (59 percent), according to the survey conducted by the …

Your benefits are NOT bargaining chips

Posted on 07/8/2011 by | Grassroots Advocacy | Comments

PoliticsWell, I’m sure you all saw the shocking news yesterday: President Obama and Congress are considering cutting tens of billions of dollars from Social Security and Medicare to pay the nation’s bills. AARP’s reaction? Don’t even THINK about it! Dealing with the deficit should be a priority, but this is the bottom line: Social Security did not contribute to the deficit and should not be cut as part of any budget deal. Your hard-earned benefits are not a bargaining chip in …

The Takeaway: Debt Ceiling; Colorectal Cancer; Older Athletes

Posted on 07/6/2011 by | The Takeaway | Comments

Bulletin TodayPresident Obama rallied Congress yesterday to get back to work on a debt ceiling deal. Last week, I posted a hypothetical from the Bipartisan Policy Center on what could happen to Social Security if lawmakers don’t make the August 2 deadline.