Democrats should make it clear that there will be #NoCuts to Social Security or Medicare and that, once in charge, they will amend the legislative language to to ensure that the payment of program benefits is never constrained by any earmark or trust fund balances. 1/4
It would only require a few sentences here and there to grant OASI, DI, and HI the same treatment already afforded to SMI. And then none of us would ever have to hear about trust fund “solvency” ever again. neweconomicperspectives.org/2011/04/4-trus…
2/4
2/4
It would remove the single most potent weapon in the GOP arsenal—i.e. the illusion that the *financial ability* to pay out benefits is dependent on payroll tax receipts + trust fund balance(s). 3/4
It’s what you’d do if you were *really* serious about protecting these programs against future cuts. The Trustees would declare Social Security and Medicare solvent over an infinite time horizon, and GOP would have to find a new excuse to attack these wildly popular programs. 4/4
