Sixty-two million Americans are covered by Medicare. Social Security is the main source of income for more than 34 million older households. Eighty-five percent of Americans over 50 oppose cutting these vital programs to reduce the budget deficit. There’s no political divide. Republicans and Democrats feel exactly the same.
BUT a bill recently introduced in Congress could put these benefits at risk. It’s called the Time to Rescue United States Trusts (TRUST) Act. The act would set up groups of a dozen lawmakers to each group with the power to recommend cuts to these programs.
These groups, called “rescue committees”, are outside of the traditional committees who normally oversee Social Security and Medicare. Seven out of the twelve members can push through changes including cuts to these programs. No amendments are allowed after they do in either the House or the Senate.
The usual robust debate in legislative committees with the input of experts and constituents would be bypassed. The procedure appears less transparent, more rushed and unfair to all Americans who pay into the programs and count on the benefits they have earned.
There are already existing committees in Congress charged with focusing on solutions to meet the health and retirement income needs of all Americans.
Organizations such as AARP strongly oppose the TRUST act. You can get answers to frequently asked questions about the act at https://www.crfb.org/blogs/explaining-trust-act-just-faqs.
Protect your interests. If you pay into or receive Social Security or Medicare, contact your US senators and representative to find out where they stand on this issue. Let them know where you stand. Make sure your representatives know what you want and need. Remind them they are working for you.
Ask us about the new Medicare Supplement Dental, Vision and Hearing benefits and how to get them. Call 847-362-8888.