Sen. Rick Scott Exempts Social Security, Medicare From Rescue America Plan

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Sen. Rick Scott Exempts Social Security, Medicare From Rescue America Plan
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Republican Sen. Rick Scott said his Rescue America plan to sunset all federal legislation in five years will exempt Social Security, Medicare and veterans programs

Republican leaders have ruled out changes to

in talks with the White House over raising the debt ceiling and cutting federal spending. GOP lawmakers have also signaled that the military would be spared deep cuts in any proposal.“I have never supported cutting Social Security or Medicare, ever,” said Mr. Scott in his opinion piece. “To say otherwise is a disingenuous Democrat lie from a very confused president. And Sen. Mitch McConnell is also well aware of that.

Mr. Scott has argued that he wants to save Social Security and Medicare, and that his original plan was designed to force Congress to reckon with a looming fiscal crisis. The most recent trustees’ reports show that Social Security’s combined funds will be depleted in 2035 and Medicare’s hospital-insurance trust fund will be depleted in 2028.

Under the new plan, Congress would have to issue a report every year disclosing publicly its plans for when Social Security and Medicare run out of money with assets depleted and expenditures outpacing revenues. Besides those entitlement programs and others such as national-security services and veterans care, all federal legislation would still sunset in five years.

White House spokesman Andrew Bates said the revision proved Mr. Scott’s original plan would have threatened entitlement programs. “But make no mistake, his true colors are undeniable and on the record,” Mr. Bates said of Mr. Scott.Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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