Over the course of 2020, the federal government spent a massive amount trying to deal with the economic fallout of the pandemic. Republicans and Democrats agreed that in the face of crisis, America needed to put the fire out first, worry about all the water they were using later. But in 2021, people are beginning to worry about these giant costs, especially coming on top of the existing federal debt. Republicans say it’s a looming problem, Democrats say that’s just an excuse to oppose progressive priorities. So who’s right? Or do they maybe both have a point? Manhattan Institute budget expert Brian Riedl explains in this edited transcript.
Presumptive Democratic nominee Joe Biden unveiled plans to lower the Medicare eligibility age to 60 and wipe out student loan debt for the poor and middle-class.
Trump's budget tries to pay for his tax cut for wealthy and corporations by slashing funding to Medicare, Medicaid, and Social Security Disability.
Trump was asked at Davos if cutting entitlements will ever be on his plate, and he said they will be if he wins a second term.
The best chance of shifting America’s popular mind might be to focus on these campaign promises, keeping the conversation on what Trump has done. Has he worked for the American people? Or is he working for Trump and lining his own pockets?
Senate Majority Leader, Sen. Mitch McConnell (R-KY) tried to use the failed Republican tax cuts for the rich to guilt Democrats into cutting Social Security and Medicare to lower the deficit.
The op-ed, which states “Democrats ‘Medicare for All’ plan will demolish promises to seniors,” contains previously debunked claims, the Post wrote.
While the American people are rightly outraged by the Trump administration's abuse of migrant children, House Republicans proposed a budget that would gut Medicare and Medicaid.
One way to measure the immense failure of the tenure of Paul Ryan as Speaker of the House is how little he was able to accomplish with respect to his pet project of reforming Medicare.
Before running for Vice President with Mitt Romney Ryan was in charge of the budget for the House of Representatives and he was seen as the person who knew more about the federal budget than anyone. And he always said that Medicare was going to be a huge problem and something needed to be done about it.
If this is such a fine piece of legislation, why didn't congressional Republicans rush it to the White House today to get the president's signature on it?
Not only would taxes go up on millions of senior citizens, but the same report also noted that they could see a drop in the benefits they receive from programs like Medicare.
Democratic Senators Tammy Baldwin (D-WI), Debbie Stabenow (D-MI), Sherrod Brown (D-OH) have introduced legislation that would allow people age 55-64 to buy into Medicare. This modified public option would give an additional 41 million Americans access to Medicare.
Senate Democratic Leader Sen. Chuck Schumer (D-NY) said on ABC's This Week that after the insurance markets are stabilized, Democrats will push for all options on the table including making Medicare and Medicaid available to all through a buy in a.k.a. the public option.
For their next act of malevolence after voting to take away health care from 24 million people, House Republicans are plotting to cut $500 billion from Medicare, Medicaid, food stamps, and unemployment benefits in 2018.
"There are ways that we can not only allow the president to keep his promise, but to help him keep his promise by fixing (cutting) some of these programs."
Price as head of HHS will make the GOP attempt to take health insurance from millions of Americans much easier.
The new Republican rule implicitly instructs the CBO not to say how much it will cost taxpayers to repeal Obamacare, because it is frightening.
It would be a mistake to talk about Medicare specifics now. It’s an important issue, but we can’t do everything at once, and we shouldn’t try.