Rep. Paul Ryan Criticized for Views on Social Security
The Democrats are already gearing up to attack Rep. Paul Ryan for his views on Medicare and Social Security. Ryan has spoken out about his desire to privatize the programs.
WASHINGTON — Senate Democrats on Tuesday launched a preemptive strike on Rep. Paul Ryan, who will deliver the official Republican response to President Obama’s State of the Union address.
Ryan, who turns 41 later this week, is viewed as a rising star of the party, a budget hawk who hasn’t been afraid to spark conversations about taking on entitlement programs such as Medicaid and Social Security.
For months, Democrats have tried to tie Ryan’s past proposals to reshape both programs to the rest of the GOP. Since Ryan has taken the helm of the House Budget Committee, the Wisconsonite has been more circumspect in his words. But that hasn’t stopped Democrats from suggesting that Ryan’s views now have the endorsement of the House Republican leadership.
“Paul Ryan owes it to the national audience tonight to… continue reading
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Spending Cap Proposed by Senators
A bill has been introduced in Congress that would put in place a rigid spending cap. The cap would dramatically reduce Social Security, Medicare and every other federally funded program.
WASHINGTON (AP) — Social Security, Medicare and virtually every other federal program would face the budget ax under legislation unveiled Tuesday aimed at forcing Congress to dramatically cut spending over the coming decade.
The bill, co-sponsored by Sens. Claire McCaskill, D-Mo., and Bob Corker, R-Tenn., would phase in a federal spending cap of just more than 20 percent of the size of the economy, which they said would wring almost $8 trillion from the budget over the coming 10 years.
Cuts of that magnitude would have to fall heavily on Social Security and Medicare, the retirement programs whose costs are being driven sky-high by the retirement of the baby boom generation.
The legislation doesn’t actually propose cuts but instead sets spending caps and enforces them with the threat of automatic, across-the-board reductions. The idea is that the threat of such a meat-ax approach would force lawmakers to make more thoughtful cuts.
Corker said the… continue reading
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Rep. Paul Ryan Criticized for Views on Social Security
The Democrats are already gearing up to attack Rep. Paul Ryan for his views on Medicare and Social Security. Ryan has spoken out about his desire to privatize the programs.
WASHINGTON — Senate Democrats on Tuesday launched a preemptive strike on Rep. Paul Ryan, who will deliver the official Republican response to President Obama’s State of the Union address.
Ryan, who turns 41 later this week, is viewed as a rising star of the party, a budget hawk who hasn’t been afraid to spark conversations about taking on entitlement programs such as Medicaid and Social Security.
For months, Democrats have tried to tie Ryan’s past proposals to reshape both programs to the rest of the GOP. Since Ryan has taken the helm of the House Budget Committee, the Wisconsonite has been more circumspect in his words. But that hasn’t stopped Democrats from suggesting that Ryan’s views now have the endorsement of the House Republican leadership.
“Paul Ryan owes it to the national audience tonight to… continue reading
Looking for Social Security attorneys in Baton Rouge? Contact us today for more information.
Tips for Retirees in 2011
This year, the oldest baby boomers will begin to retire as they turn 65. If you are planning your retirement, you’ll want to follow these seven tips.
Schedule your free physical. Beginning this year, Medicare provides a one-time free physical exam within the first 12 months you have Part B coverage by a doctor who agrees to be paid directly by Medicare. The visit may include a review of your health, vision and blood pressure screenings, education and counseling about preventive care services covered by Medicare, and referrals for treatment you may need. Other preventative services you may be able to get at no out-of-pocket cost include cardiovascular and breast cancer screenings, bone mass measurements, and flu shots.
Delay Social Security until next year. While Medicare eligibility for 1946-born baby boomers begins this year, they still will not qualify for the full amount of Social Security benefits they are entitled to. Boomers will have to wait another year, until age 66, if they do not want their entitlement checks to be reduced. Retirees who claim Social Security this year when they turn… continue reading
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Americans Want Rich to Pay to Fix Deficit
Many Americans are upset over the deficit, and feel that the rich should pay to fix the deficit. Meanwhile, people want Congress to keep its hands off of Social Security benefits and Medicare.
According to the Dec. 4-7 poll, taken days after Obama’s commission sounded an alarm over the nation’s “unsustainable fiscal path,” the public still believes it’s more important to “minimize sacrifice” than to take “bold and fast” action to pare the $13.7 trillion national debt.
“The reality is deficit-cutting hurts, and the American public is in no mood for further hurt than the slow economy and high unemployment is delivering,” said J. Ann Selzer, president of Selzer & Co., a Des Moines, Iowa firm that conducted the nationwide survey.
The one place Americans are willing to see sacrifice is in the wallets of the wealthy.
While they say they strongly support balancing the budget over the next 20 years, when offered a list of more than a dozen possible spending cuts or tax increases, majorities opposed all of them except… continue reading
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