The House GOP Just Revealed Its Plan To Cut Social Security

Published on Author MCDC

The House GOP Just Revealed Its Plan To Cut Social SecurityWashington, D.C. – Democratic Leader Nancy Pelosi released the following statement after the Republican Chairman of the Social Security Subcommittee of Ways and Means, Chairman Sam Johnson, introduced legislation late yesterday that would inflict deep cuts in Social Security benefits:

“Apparently nothing upsets House Republicans like the idea of hard-working people getting to enjoy a secure and dignified retirement.  While Speaker Ryan sharpens his knives for Medicare, Chairman Johnson’s bill is an alarming sign that Republicans are greedily eying devastating cuts to Americans’ Social Security benefits as well.”

“Republicans apparently aren’t going to be satisfied with phasing out Medicare. They’re going to try to pass huge cuts to Social Security this year too. Not Bush-style partial phaseout but just big, big cuts. And you’re out of luck even if you’re a current beneficiary. “

“Cutting Social Security would have devastating consequences for Americans’ retirement security.  At a time when Americans are more anxious about their retirement than ever, the top Republican on the Social Security Subcommittee is rolling out legislation that cuts benefits by more than a third, raises the retirement age from 67 to 69, cuts seniors’ cost of living adjustments, and targets benefits for the families of disabled and retired workers.”

“Slashing Social Security and ending Medicare are absolutely not what the American people voted for in November.  Democrats will not stand by while Republicans dismantle the promise of a healthy and dignified retirement for working people in America.”

Read more at http://www.motherjones.com/contributor/2016/12/republicans-want-to-cut-social-security

Text of the legislation:

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