Protecting, Preserving and Prolonging the Life of our Entitlement Programs
Securing Solutions to the Challenges Facing Social Security and Medicare
Without action to address the fiscal and structural challenges facing our nation’s entitlement programs, Medicare will be bankrupt by 2026 and seniors will see a 23 percent cut to their Social Security benefits in 2033. Action must be taken now to preserve the promise of Social Security and Medicare for today’s beneficiaries and future generations.
In April, the Ways and Means Committee announced a bipartisan hearing series on entitlement reforms. As part of that series, the Committee is reviewing a variety of proposals to protect and preserve Medicare and Social Security that have been identified by President Obama – either in his budget or in other recommendations to Congress – as well as bipartisan ideas for entitlement reform from the President’s National Commission on Fiscal Responsibility and Reform, known as the “Simpson-Bowles Commission,” and the Bipartisan Policy Center Debt Reduction Task Force, known as the “Domenici-Rivlin Task Force.”
The hearings are being conducted by the Ways and Means Subcommittees on Social Security and Health. In an effort to engage stakeholders in a dialogue about potential legislative solutions, the Committee is soliciting feedback about the bipartisan proposals being examined.
What's your idea for entitlement reform? Share your thoughts and your comments to any of the proposals listed below by email at entitlementreform@mail.house.gov by the due date listed for each proposal.
Subcommittee on Social Security
Using the Chained Consumer Price Index to Determine Social Security Cost-of-Living Adjustments and Benefit Increases for Long-Time Social Security Beneficiaries
Comments due: August 10th, 2013
Bipartisan Proposals to Reform Social Security: Benefits Adjustments
Comments due: August 29, 2013
Subcommittee on Health
The President’s and Other Bipartisan Proposals to Reform Medicare: Post-Acute Care (PAC) Reform
Comments due: August 30th, 2013
The President’s and Other Bipartisan Proposals to Reform Medicare: Modernizing Beneficiary Cost-Sharing
Comments due: August 16th, 2013
COMMITTEE on WAYS and MEANS