James’ Budget to Include Social Security, Medicare Cuts
John James and three-fourths of House Republicans are drafting a budget proposal that would cut Social Security and Medicare, increase premiums, and raise the retirement age – putting these critical programs that seniors depend on at risk.
New reporting from Bloomberg reveals “the blueprint by the Republican Study Committee, whose membership includes three-fourths of House GOP” will include “proposals to reduce Social Security and Medicare benefits.”
Reminder: According to a recent poll, 76 percent of Americans are concerned with the extreme MAGA Republican plan John Jamess group is pushing to make cuts to Social Security and Medicare.
Meanwhile, President Biden introduced his budget resolution that will reduce the deficit by $3 trillion over the next 10 years, and extend the solvency of Medicare funding for another quarter century.
DCCC spokesperson Tommy Garcia
“John James’ plan to gut Social Security and Medicare is out-of-touch and puts seniors and families at risk. Extreme MAGA Republicans have told us time and again that they would look to cut vital programs, and unfortunately for John James, his extreme plans coming to fruition will cost him in 2024.”
A large group of conservative House Republicans are preparing a proposed budget that could exacerbate rifts within the party with proposals to reduce Social Security and Medicare benefits.
The blueprint by the Republican Study Committee, whose membership includes three-fourths of House GOP, comes as party leaders are struggling to reach consensus on spending reductions which they want to tie to raising the debt limit in negotiations with the White House.
The plan is expected to be released in early May.
Rep. Kevin Hern (R-Okla.), chair of the group, said in an interview that the RSC budget will be balanced and will “contain most if not all of the things you’re going to see Republicans put forward in the debt ceiling conversation” including curtailing spending and eliminating “progressive policies.”
The RSC’s budgets have previously proposed raising the eligibility age for Medicare to 67 from 65. It also called for the Social Security age to increase to 70, and for both programs to be indexed to life expectancy. It would also adjust both programs so higher earners would have to pay higher premiums under Medicare while receiving smaller lifetime Social Security payments.
