Tag Archives: deficit

Critz Tries to Protect Social Security

  By jellybellyhoo | March 27, 2011 - 7:42 pm |
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U.S. Rep. Mark Critz has offered an amendment that will help protect Medicare and Social Security. The amendment was made during Tuesday’s House debate.

U.S. Rep. Mark Critz, D – Johnstown, offered an amendment to protect Social Security and Medicare during Tuesday’s House debate on a stopgap measure to extend federal funding of government agencies through April 8.

The continuing resolution will expire March 18. Continuing resolutions keeps the federal government funded until a budget can be passed.

Critz’s motion failed by a vote of 190 to 239. His motion would have prohibited funds in the legislation from being used to implement a system that cuts Medicare benefits or privatizes Social Security.

“The folks I live with and live around come to rely on Social Security,” Critz told House members.

Critz is concerned that as more cuts are made to the federal budget, some may target Medicare or Social Security. He said that Social Security has $2.6 trillion in reserves and has not contributed to the federal deficit.

“Don’t buy into this crisis legislation,” he said.

Critz also used his time encourage… continue reading

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Obama to Work With Republicans on Entitlements

  By jellybellyhoo | March 12, 2011 - 8:49 pm |
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President Obama has said he is willing to work with the GOP on federally funded programs. Obama says he is open to discussion on how to handle Social Security and Medicare.

President Barack Obama says he’s willing to work with Republicans to make changes to entitlement programs, like Social Security and Medicare, that threaten the nation’s fiscal health.

The budget Obama sent to Congress Monday ignores the view of his own deficit commission, which said that entitlement programs must be slashed.

Obama says he will have discussions on entitlements with lawmakers in the next few months.

Obama says he’s confident changes can be made quickly on Social Security in order to avoid slashing payments and making the program stable for this generation and the next. But he says making changes to Medicare and Medicaid will be more difficult, and said both parties must show they’re serious about tackling the… continue reading

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