skip to main content
skip to newscasts

Tuesday, May 7, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Ballot dropbox ban a barrier in SD primary; former President Donald Trump says jail threat won't stop him from violating gag order; EBT 'skimming' on the rise, more Ohioans turn to food banks; new maps show progress on NY lead service line replacement.

view newscast page
play newscast audioPlay

Hamas accepts a ceasefire deal amid warnings of a ground attack on Rafah by Israel, some faculty members defend protesters as colleges cancel graduation ceremonies, and Bernie Sanders announces his re-election run.

view newscast page
play newscast audioPlay

Bidding begins soon for Wyoming's elk antlers, Southeastern states gained population in the past year, small rural energy projects are losing out to bigger proposals, and a rural arts cooperative is filling the gap for schools in Pennsylvania and West Virginia.

Congressional Proposal Could Bring Automatic SS, Medicare Cuts

play audio
Play

Monday, December 19, 2016   

CHARLESTON, W.Va -- New budget rules proposed for Congress could bring deep, automatic cuts to benefit programs for seniors that had been exempt from those kinds of cuts until now.

House budget chair Tom Price, R-Ga., has said he would like to see reductions in Social Security and Medicare benefits. David Reich, senior fellow at the Center on Budget and Policy Priorities, said Price has proposed strict caps on all spending, that would kick in if the deficit goes up - even if it’s the result of tax cuts.

Reich said that, unlike past budget battles, it looks like Price wants Social Security and Medicare to be on the chopping block.

"What if Congress decides to enact large additional tax cuts? His document says we really shouldn't exempt anything,” Reich said.

Price opposes many kinds of federal spending and has said the government cannot afford its current programs. President-elect Donald Trump selected Price to be his Secretary of Health and Human Services.

Reich said Price's proposal strongly favors tax cuts - even to the extent of possibly cutting benefits for seniors to pay for them.

Medicare and Social Security are both popular programs with their own dedicated revenue streams. As a result, they have been largely exempt from recent congressional tax and spending fights. And Reich said that under the current "pay as you go" budget rules, Congress does not allow itself to increase spending or cut taxes without offsetting the cost.

But Price would break both precedents.

"In place of that, he has this whole series of restrictions on spending only,” Reich said. "None of them operate on the revenue side at all."

Trump has said he wants to cut corporate and individual taxes. Analysts have said his plan would increase the deficit while primarily benefiting the wealthy. Trump also has said he would oppose cuts to Social Security benefits.

But Reich said one problem with automatic reductions is that they bypass much of the normal debate.

"You wouldn't say, 'Well, this is how we want to change Medicare' or 'how we want to change Medicaid' or veterans benefits,” he said. “And indeed the limits could be set very low to try to force reductions."

It's unclear what will happen to Price's proposed legislation if he moves to the executive branch. Reich said that in any case, it will likely face opposition in the Senate.

More on Reich's assessment of Price's proposal is available here.


get more stories like this via email

more stories
The Consumer Confidence Comic helps consumers get the best bang for their buck when purchasing a used car. (Oregon Consumer Justice)

Social Issues

play sound

Buying a used car can be a risky proposition, but a new consumer guide can help people avoid common pitfalls. The nonprofit Oregon Consumer Justice …


Social Issues

play sound

Buying a used car can be a risky proposition but a new consumer guide can help people avoid common pitfalls. The nonprofit Oregon Consumer Justice …

Social Issues

play sound

Special state funding for mental health staff at Michigan public schools during the pandemic is ending this year, leaving schools scrambling to find …


Social Issues

play sound

A staggering 93% of transgender teens live in a state that has enacted or proposed legislation that would restrict their rights, according to a new …

Environment

play sound

New maps show the extent of New York State's lead pipe replacement program. They demonstrate progress in replacing lead service lines, although the …

Social Issues

play sound

Wyoming's suicide rate ranks first in the nation, according to the most recent data, and state lawmakers are taking steps to improve access to mental …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021