Mitt Romney’s Plan to Gut Social Security and Medicare
Through the TRUST Act Advances
Through the TRUST Act Advances
The trusts impacted are Social Security Old-Age and Survivors Insurance, Social Security Disability Insurance, Medicare Hospital Insurance, and the Highway Trust Fund. Through these “rescue committees,” any fixes for these trusts that legislators agree upon is fast-tracked to a vote in the Senate. The secret process lacks transparency, which would allow for cuts to be made easily to these programs.
The Senate Homeland Security Committee held a hearing on the TRUST Act, proposed by Sen. Mitt Romney (UT), this week. The bill is an attempt to gut earned benefits by creating a closed-door and fast-tracked process. The stated goal of this bipartisan legislation is to address the solvency problems of multiple trusts funds set to be depleted by 2035 through the creation of “rescue committees,” but the plan is dangerous for seniors, people with disabilities and others who rely on Social Security and Medicare.
“Sen. Romney’s track record on Social Security indicates his motive,” said Richard Fiesta, Executive Director of the Alliance. “In calling to raise the retirement age during the 2012 presidential campaign, he showed his true colors. He wants to cut Americans’ hard-earned benefits. He is no friend of retirees.” ce for Retired ance
The Alliance for Retired Americans
Trump Pushes Medicaid Block Grants,The administration is intensifying its assault on Medicaid by converting some Medicaid funding into block grants. Under the proposed plan, states could request to receive fixed payments from the federal government for poor adults now covered under the Affordable Care Act (ACA) Medicaid expansion. It would also allow states to limit benefits and drugs available for some beneficiaries.
Allows States to Roll Back the Affordable Care Act
“This drastically changes the way Medicaid is funded and will result in harsh benefit cuts that will hurt vulnerable Americans,” said Joseph Peters, Jr., Secretary-Treasurer of the Alliance. “It is the latest cruel scheme and it shirks responsibility for ensuring that every American has access to health care.”Currently, the federal government matches state Medicaid spending. This allows anyone who has qualified for Medicaid benefits to receive them without delay. Funding automatically increases in times of need, such as economic downturns or when health care costs increase. However, fixed cost block grants will not increase, leaving states to cut benefits or the number of people who qualify for the program.
Despite renaming the program “Healthy Adult Opportunities,” the program erodes the federal government’s commitment to protecting low-income Americans.
“The Administration’s plan also gives states the flexibility to cut what it spends on Medicaid or use the funding for non-health related things, including paying for other programs or financing tax cuts,” added Peters. A video of an Emergency Room doctor confronting Vice President Mike Pence over Trump's Medicaid cuts has been viewed more than a million times.
The Alliance for Retired AmericansIowa Alliance Calls out Broken Promises on Drug Prices
On Thursday, the Iowa Lower Drug Prices Now coalition, which includes the Alliance, launched their campaign to demand comprehensive reform to lower drug prices for everyone. The coalition’s mission includes ending Big Pharma’s power to pad their profits by setting and keeping prices high.
The campaign held a news conference at the State Capitol in Des Moines on the same day that President Trump visited the state, serving as a reminder to voters of his many broken promises to curb skyrocketing drug costs and price gouging. Iowa Alliance members, state legislators, health care professionals, impacted Iowans and labor representatives participated in the event
“30% of Iowans reported that they had stopped taking medication as prescribed due to cost in 2017. The situation has only gotten worse since then,” said Iowa Alliance president Mike McCarthy. “Americans pay the highest prescription drug prices in the world and we seniors bear the biggest burden.”
“While the president and Senator Joni Ernst (IA) say they care about this issue, neither has taken real action,” added Jan Corderman, Recording Secretary of the Iowa Alliance. “Trump used to say that Medicare should negotiate prices, but he threatened to veto H.R. 3, a strong drug price negotiation bill passed by the House of Representatives, within hours of its passage in December.”see also:
The Alliance for Retired Americans
- Mitt Romney pushes new plan to fix Social Security. Critics say it isn’t a solution.
- ‘Block grants’ no more: Trump's Medicaid overhaul has new name, same goals.
- The Problems with Block-Granting Entitlement Programs.
- "It's Their Lifeline": Video of ER Doctor Confronting Mike Pence Over Trump Medicaid Cuts Viewed 1 Million+ Times.
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