5 Answers
Washington leaders gave more indication today that changes to Social Security and Medicare are likely to be part of a potential deal to reduce the deficit and raise the debt ceiling.
The suggestion that changes to Social Security and Medicare are on the table has rankled defenders of the programs, including liberal activists and the nonpartisan senior group AARP. The fact that tinkering with those programs -- undeniably a politically risky move -- appears to be a central part of the debate illustrates the great challenge lawmakers have ahead of them, if they want to reach a deal by August 2.
President Obama said he views Social Security and Medicare "as the most important social safety nets that we have" and said current beneficiaries should not be affected by any changes. But future generations, he said, should possibly be subject to means testing.
13 years ago. Rating: 9 | |
It's due for reform, times have changed and programs like SS will have to change with the times as well. Social Security takes up a huge part of the federal budget and if the country is ever going to balance the budget there will have to be changes in SS as well as defense. No one has a definitive plan yet on how to reform SS, at least not one that both parties can agree on, but changes will have to take place it's just a matter of time.
13 years ago. Rating: 4 | |
We have no way of knowing that. You need to check with Social Security directly. https://www.ssa.gov
13 years ago. Rating: 3 | |