Contact FreedomWorks

111 K Street NE
Suite 600
Washington, DC 20002

  • Toll Free 1.888.564.6273
  • Local 202.783.3870
LISTEN NOWJoe "Biting" Biden, Kamala's Camp Unravels, and The Safe Space Crisis | Pardon The Disruption Ep. #08Listen Here

Press Release

FreedomWorks Statement in Response to Report that Social Security Trust Fund Will be Depleted by 2035

WASHINGTON, D.C. -- In response to CMS’s release of its 2019 Medicare Trustees Report this afternoon that confirms the desolate state of our nation’s entitlement spending, Jason Pye, FreedomWorks Vice President of Legislative Affairs, commented:

“The latest trustees report shows in flashing red lights that we need to shrink and reform, not expand, our entitlement programs. The trustees wrote that Congress must close or reduce the financing shortfall of both Medicare and Social Security, yet Democrats are actively trying to expand both.

“Social Security’s total cost is expected to exceed its total income in 2020 for the first time since 1982 and the Medicare Part A Trust Fund is still on the dismal track of depletion by 2026. Now more than ever, Republicans in Congress need to not only push back against the left’s misguided efforts but also present and fight for their own solutions to curb the growth of these programs that is bankrupting our nation with every passing hour.”

1 comments
07/29/2019

More people today are on Social Security and Medicare than ever before, even people who have never contributed or contributed very little. Shouldn't Medicare and Social Security only be given to people who spent a good number of years paying into the systems? The people who have paid into the funds for 25 plus years should be guaranteed the promises the government made? People in their 40's and 50's who have paid for a lot of years, but too young to collect, should be priority to all under 60 or you will have a lot of Generation X people living on the streets.

Pages