Showing posts with label Entitlement Programs. Show all posts
Showing posts with label Entitlement Programs. Show all posts

Monday, August 8

Ending Medicare


Sen. Ron Johnson (R-Wis.) has suggested that Social Security and Medicare be eliminated as federal entitlement programs, and that they should instead become programs approved by Congress on an annual basis as discretionary spending.

Those who work in the United States pay Social Security and Medicare taxes that go into federal trust funds. 

Upon retirement, based on a person’s lifetime earnings and other factors, a retiree is eligible to receive monthly Social Security payments. 

Similarly, Medicare is the federal health insurance program that kicks in for people 65 and older, or for others who have disabilities.

In an interview that aired Tuesday on “The Regular Joe Show” podcast, Johnson, who is seeking a third term in the Senate, lamented that the Social Security and Medicare programs automatically grant benefits to those who meet the qualifications — that is, to those who had been paying into the system over their working life.  READ MORE...