Tag: Sam Johnson
Why in the world would Republicans put out a plan to dramatically cut Social Security? Even Donald Trump said he wouldn’t mess with the program’s benefits. Yet, the Republican Study Committee’s Blueprint to Save America, released in June, has a full section devoted to Social Security. I had never heard of the Republican Study Committee (RSC),…
House Ways and Means Subcommittee Chair proposes 31-percent cut in benefits. In December, House Ways and Means Social Security Subcommittee Chairman Sam Johnson introduced a bill to “save” Social Security. The problem is that he accomplishes this goal through a dramatic cut in benefits. As shown in Figure 1, Social Security costs at the end…
