Senate Budget Shows Contempt for Older Americans

Medicare and Medicaid Cuts Threaten Millions

The following statement was issued by Richard Fiesta, Executive Director of the Alliance for Retired Americans, regarding the recent unveiling of the Senate budget blueprint.

“A budget is a statement of values and priorities. And with the 2018 budget resolution released on September 29, Senate Republicans are showing deep contempt for America’s retirees.

“Their budget requires cuts of $473 billion from Medicare and about $1 trillion from Medicaid over the next 10 years, according to The Hill.

“Older Americans do not deserve this and will vigorously oppose efforts to cut Medicaid, Medicare and Social Security to fund tax giveaways for the wealthy and Wall Street. Retirees and working Americans should not be giving up health care, food and shelter paying for tax cuts for millionaires and billionaires.

“Those few in the top 1% — with incomes above $730,000 — would receive about half the total tax benefit under the Senate proposal. This is anything but a tax cut for the middle class, despite any claims to the contrary.

“Republicans are all too aware that tax cuts feed misguided fear mongering about federal budget deficits, which then leads to pressure to slash our earned benefits. Cuts to Medicare and Medicaid are completely unnecessary. We need to strengthen and preserve Medicare and expand Medicaid, as the Affordable Care Act allows.

“President Trump pledged that he would not cut Medicare, Medicaid and Social Security. Alliance members intend to remind him that we expect the GOP to keep that promise.”

###

Contact: David Blank 202-637-5275 or dblank@retiredamericans.org 

The post Senate Budget Shows Contempt for Older Americans appeared first on Retired Americans .

This article was first posted on Alliance for Retired Americans website. Click here to visit that page.