Free Republic

Key Points Certain rules that reduce pensioners’ Social Security benefits have been in place for decades. House lawmakers voted to approve a bill that would nix those rules. Critics say more comprehensive Social Security reform should be prioritized instead. ********************************************************************* A bipartisan bill to change Social Security benefit rules for pensioners passed in the House of Representatives on Tuesday, with 327 lawmakers voting to support the measure. Now, the proposal heads to the Senate, where the chamber’s version of the bill has 62 co-sponsors, “surpassing the majority needed to pass the bill on the U.S. Senate floor and send it...

A recent report by the Committee for a Responsible Federal Budget raises concerns that proposals by this year’s presidential candidates would further increase the national debt. America’s major entitlement programs—Medicare, Medicaid, Obamacare, and Social Security—are driving the nation’s greatest fiscal challenge, and yet Americans have heard very little about how the candidates will address these programs. Autopilot entitlement spending on federal health care programs and Social Security, along with the net interest the nation must pay on the federal debt, are projected to consume all federal tax revenues by 2033.