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To: Mariner
Remember, most of them HATE you

On the Issues

Where the Republican Candidates Stand on Social Security and Medicare

Social Security and Medicare are known as third rails of American politics for a reason. Reducing benefits is very unpopular, but higher taxes are divisive, too — and without at least one of those two steps, both programs are on track to become unable to make full payments in the next decade. Exact projections have fluctuated based on overall economic conditions, but the most recent estimates show Social Security running out of money to cover full benefits by 2033, and part of Medicare by 2031.

The candidates are split on whether to call for changes to the programs, but those who say they would leave them untouched generally have not explained how they would keep them solvent.

Headshot of Donald J. Trump

Donald J. Trump

Former President

He says he wouldn’t cut the programs but hasn’t explained how he would keep them solvent.

Former President Donald J. Trump has said he would not make any cuts to Social Security or Medicare benefits. However, he has also opposed raising taxes to bring in more funding for them, which means his plans would not keep the programs solvent for the long term. A spokesman for his campaign did not respond to requests for comment. Read full position

Headshot of Ron DeSantis

Ron DeSantis

Governor of Florida

He says he’s open to Social Security cuts for younger Americans.

Gov. Ron DeSantis of Florida has ruled out reducing Social Security benefits for current retirees and people near retirement age, but he has expressed openness to reductions for younger Americans. Read full position

Headshot of Nikki Haley

Nikki Haley

Former Governor of South Carolina

She says she’s open to cuts for younger Americans.

Nikki Haley, the former governor of South Carolina, has suggested that she would raise the Social Security retirement age for people currently in their 20s in accordance with increases in life expectancy, though she has not given a number. (The retirement age is currently 67 for anyone born in 1960 or later.) Read full position

Headshot of Mike Pence

Mike Pence

Former Vice President

He wants to partly privatize Social Security, but his plan for Medicare is unclear.

Former Vice President Mike Pence has tried to contrast himself with candidates who say they would leave Social Security and Medicare untouched. Read full position

Headshot of Tim Scott

Tim Scott

Senator from South Carolina

He says he wouldn’t cut the programs but hasn’t explained how he would keep them solvent.

Senator Tim Scott said at a campaign event this spring that he would “never, ever cut Medicare or Social Security benefits.” But at another event, he also said that policymakers would “have to look at the overall entitlement state of our nation.” Read full position

Headshot of Chris Christie

Chris Christie

Former Governor of New Jersey

He supports a higher retirement age and lower benefits for wealthy people.

Former Gov. Chris Christie of New Jersey supports raising the retirement age for people currently in their 40s or younger, and ending Social Security benefits for the wealthiest people, a policy known as means-testing. “Do we really need to have Warren Buffett and Mark Zuckerberg and Elon Musk collecting Social Security?” he asked in an interview with Fox News in July. Read full position

Headshot of Asa Hutchinson

Asa Hutchinson

Former Governor of Arkansas

He wants to let people claim benefits early while still working, and he would have a commission consider changes.

Former Gov. Asa Hutchinson of Arkansas has suggested that people who begin claiming Social Security benefits early should be allowed to continue working while still receiving the benefits. By continuing to earn a paycheck, these workers would keep paying into the Social Security system through payroll deductions, increasing the program’s funding. Read full position

Headshot of Vivek Ramaswamy

Vivek Ramaswamy

Entrepreneur

He says he wouldn’t cut the programs but hasn’t explained how he would keep them solvent.

10 posted on 09/25/2023 9:40:26 AM PDT by JonPreston ( ✌ ☮️ )
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To: JonPreston
Any Rep candidate who takes a position on entitlement reform beyond expressing support for the two programs would be stupid. The Dems are waiting to pounce saying the Reps want to kill Medicare and SS. Romney and Ryan made entitlement reform one of their priorities. The Dems responded with Ryan pushing granny over the cliff.

That said, both programs are unsustainable as currently structured. The Medicare Trust Fund is exhausted in 2028 and the SSTF in 2034. The Reps should not take the lead on entitlement reform.

23 posted on 09/25/2023 10:12:31 AM PDT by kabar
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