The Goal Is Slashing Social Security and Medicare – Here’s What You Need To Know!

Republicans’ goals to end Social Security and Medicare are at it again with a new fiscal blueprint for the following 10 years reconstituted from the things they’ve been scraping up for the last few decades.

The Goal Is Slashing Social Security and Medicare – Here’s What You Need To Know! (PHOTO: The New Republic)

House GOP Makes It Official To End Social Security And Medicare

Most of the Republicans believed that cutting Social Security and Medicare and cutting domestic spending programs to the bone.

GOP wants to begin their plan in raising the retirement age limit from the current age of 67 to 69, but wouldn’t kick in until individuals would aged 59 retire.

Daily Kos News reported that Retirees have to wait a bit of three months extended time for those who retire under the current system to increase incrementally until the people who are now 52 years old retire. Hence, those who are younger have to work until they turn 69 to get full benefits.

Republicans don’t want to risk alienating seniors now, so they’re targeting after Gen X. That’s a benefit cut, any way you slice it, for future retirees.

The president of Social Security Works Nancy Altman said that the modification would transform Social Security from an earned insurance benefit, which replaces wages lost in the event of old age, disability, or death, into a subsistence-level welfare benefit.

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The White House responds

In addition to ending Social Security and Medicare, as we know it, the Republicans would roll back the new authority Medicare has for negotiating lower drug prices and force drug makers to curtail price growths. They also like to repeal the cap on insulin costs for Medicare enrollees. Yes, Republicans are the party of unaffordable insulin.

These are the same Republicans who booed and hissed at President Joe Biden in his State of the Union address for revealing the truth about their plot against Social Security and Medicare. The same Republicans who cheered and hopped to their feet when Biden asked them to “​​stand up and show them we will not cut Social Security. We will not slash Medicare.”

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