Er / He Er oder sie / He Or She Gewählt / Elected Kongress / Congress Medicaid Medicare Schnitt / Cut Sicherheit / Security Sie / She Sozial / Social Sozialversicherung / Social Security Versprochen / Promised Weil / Because
My 80-year-old mother will not buy her heart medicine because it cost more than she can pay with social security. She is America.
Social Security and Medicare represent promises made and we must keep these commitments.
We know that Medicare is set to go bankrupt in 2024 with no action, and social security is set to be insolvent by 2037.
Social Security faces financial problems down the road because of demographics.
In fact, entitlement spending on programs such as Medicare, Medicaid, and Social Security make up 54% of federal spending, and spending is projected to double within the next decade. Medicare is growing by 9% annually, and Medicaid by 8% annually.
Almost half of all Latinas currently on Social Security rely exclusively on their benefit check in retirement.
There is a need for Social Security reform to ensure its stability, and Congress must act.
No matter how you cut it, this real debate on personal accounts is about the legitimacy of Social Security; it's not about the solvency of Social Security.
I think we will begin to see some real efforts made to do things like protecting Social Security and Medicare.