Republicans push Kevin McCarthy to address Social Security, Medicare in the spending fight
At that time, the Committee for a Responsible Federal Budget estimates that Social Security benefits will automatically be slashed by 20% — resulting in a $12,000 to $17,000 benefit cut for a retired couple.is urging Mr. Biden to begin bipartisan negotiations on saving Social Security.
Given the controversial nature of entitlement reform, the group says that any change to Social Security needs buy-in from parties.and the President will have to work in a bipartisan fashion to consider options that create savings for Social Security,” the blueprint said.blueprint says that means-testing should be an option to ensure the wealthy are not benefiting from the program more than the truly needy.
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