As GOP presidential hopefuls prep for Tampa debate, Dems stoke Social Security and Medicare fearsby George Bennett | September 12th, 2011
After last week’s Rick Perry-Mitt Romney Social Security dustup, Republican presidential candidates are set to debate again in Tampa tonight. The Democratic National Committee is welcoming them to senior-heavy Florida with a video blasting Perry and Romney and the rest of the GOP field on Social Security and Medicare.
“Now they’re coming to Florida – where millions of seniors rely on Social Security and Medicare to survive,” the narrator says. “The Republican field: a gamble seniors can’t afford.”
Here’s another Social Security and Medicare scare piece that takes longer than 30 seconds to digest: the annual Social Security and Medicare trustees report saying long-term costs for both programs are “not sustainable under currently scheduled financing.”
The report projects Medicare will only be able to provide 90 percent of promised benefits beginning in 2024 and Social Security will only be able to deliver 75 percent of promised benefits beginning in 2036 unless fixes are made for both programs.