Bill Knight column for Thurs.,
Fri., or Sat., Jan. 4, 5 or 6, 2018
As lawmakers this week returned to Washington for the
Second Session of the 115th Congress, President Donald Trump and
Speaker of the House Paul Ryan are preparing to make up for revenue losses they
created in the tax overhaul by reducing spending that helps older and needy
Americans.
Last month, U.S. Sen. Marco Rubio (R-Fla.) conceded
the tax measure now requires cuts to programs such as Social Security, which
could mean changing rates and ages for benefits and eligibility.
In their recent tax overhaul, Republican extremists
are trying to create a problem where their solution is a past goal, one
rejected for generations: cut Social Security, Medicare and so on.
U.S. Sen. Ron Wyden (D-Ore.) commented, “Republicans
are already saying ‘entitlement reform’ and ‘welfare reform’ are next up on the
docket. But nobody should be fooled – that's just code for attacks on Medicaid,
on Medicare, on Social Security, on anti-hunger programs.”
Ryan and his ilk blame annual budget deficits and the
cumulative national debt on Social Security, However, it was never set up to be
an exclusive investment program. Instead, Social Security is a pay-as-you-go
system with current workers contributing to older Americans.
Bernie Sanders in 2012 wrote, “Under long-standing
federal law, Social Security is not part of the federal budget and cannot
contribute to the federal deficit. This reflects Social Security’s structure as
an independent, self-financed insurance program, in which worker contributions,
not general taxes, finance benefits.”
Indeed, Social Security is “F.I.C.A.,” as in Federal
Insurance Contributions Act. Workers and employers contribute in each paycheck.
Echoing Sanders, U.S. Rep. Mark Pocan, the Democrat
who represents Wisconsin’s 2nd District (next to the 1st District, represented
by Ryan), said, “Social Security benefits can be paid only from the Social Security
trust fund, not general funds.”
Illinois has 2.1 million recipients of Social Security
Income (SSI), according to the National Committee to Preserve Social Security
and Medicare (NCPSSM). Those Illinoisans get an average of $1,361 a month.
That apparently causes some extremists to drool.
According to Newsweek, Rubio said, “You also have to
bring spending under control. And not discretionary spending. That isn’t the
driver of our debt. The driver of our debt is the structure of Social Security
and Medicare for future beneficiaries.”
However, the Congressional Budget Office says the tax
overhaul alone will cost the country $1.4 trillion over the next 10 years.
Progressives say that the GOP will use that
over-spending – which they themselves approved by enriching the wealthy – as a
ploy to achieve the long-held conservative ambition of cutting Social Security
and other social programs such as the Farm Bill’s food-stamp provisions
(S.N.A.P., the Supplemental Nutrition Assistance Program). The aged and poor
and will be affected the most.
Social Security isn’t generating the surpluses it did
for decades, but that doesn’t mean is bankrupt.
“If Congress does nothing – makes no changes or
‘reforms’ – Social Security is projected to deliver full guaranteed benefits
until at least 2037,” the NCPSSM reports. “Even after 2037 – again, without any
changes – the trust funds will continue to pay 76 percent of benefits for years
after that.”
Exemplified by the failure to fund the Children’s
Health Insurance Program (CHIP), Congress’s Republican majorities seem to ignore
their constituents as if they don’t care; as if they’re ideologues whose
loyalty is not to the people they were elected to represent or the
Constitution, but to their affluent supporters.
Writing in Time magazine, AARP president Eric J.
Schneidewind said seniors will be put at risk by Ryan’s targeting Medicare –
cuts that would increase health-care costs.
“To justify what they position as the
‘we-have-no-choice’ necessity of their plans, congressional leaders have
characterized Medicare, in operation for more than 50 years, as ‘going broke’,”
Schneidewind said. “That’s simply not true. In fact, both the Medicare Trustees
Report and the Congressional Budget Office report that Medicare’s fiscal
strength has improved — not declined — in recent years and that the Medicare
trust fund is fully funded through 2029 and 79 percent funded through 2040, a
highly manageable shortfall that can be closed in coming years without
experimenting with, or reducing, seniors’ health-care coverage.”
Some 12 years after the GOP’s failed “privatization”
schemes – taking payroll-tax money that now goes into the Social Security trust
funds and instead investing it in private investment accounts managed by Wall
Street – some version may be dusted off as a “compromise” to outright cuts.
President Dwight Eisenhower on November 8, 1954, said,
“Should any political party attempt to abolish Social Security, unemployment
insurance and eliminate labor laws and farm programs, you would not hear of
that party again in our political history.”
Many hope that the World War II hero and moderate
Republican was right.
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