https://www.commondreams.org/news/social-security-fiscal-commission-2666942470
Protect #SocialSecurity by Dumping #GOP 'Death Panel,' Say 116 House Dems
BRETT WILKINS
Jan 12, 2024
..."While House #Republicans claim the purpose of the proposed #fiscal commission is to control the $34 trillion national debt, #Democrats have expressed skepticism regarding their true intentions, noting that GOP lawmakers have dramatically increased the debt via tax cuts for #corporations and rich #Americans in recent years.
In November, House Republicans proposed cuts to Internal Revenue Service funding that would slash federal revenue by $27 billion, according to the Congressional Budget Office. A 2023 analysis by the Center for American Progress found that tax cuts approved during the George W. Bush and Trump administration have added $10 trillion to the national debt this century.
Social Security, meanwhile, does not add to the long-term federal deficit because the program is required by law to pay benefits from an internal trust fund and is prohibited from borrowing.
"Republicans are not serious about the deficit. They are not even serious about governing. They are serious about only one thing, and that is ripping away Social Security from seniors behind closed doors," said Schakowsky. "A so-called fiscal commission would fast-track cuts to vital benefits Americans rely on."
"Social Security benefits are already modest—only about $21,384 a year, yet Republicans want to put these hard-earned benefits at risk," she added. "We must expand Social Security benefits, not cut them."
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"Democratic leaders in both the House and Senate should make it clear that a commission is a poison pill, something they will never accept under any circumstances," Altman continued. "Social Security and Medicare are earned benefits. They should never be negotiating chips."
"Instead of a closed door commission, the House should hold an up or down vote on the Social Security 2100 Act," she added. "This legislation increases Social Security's modest benefits and ensures the expanded benefits can be paid in full and on time for decades to come."...
