Lindsey Graham (R-S.C.) suggested in a debate in June that a bipartisan compromise on the issue will likely mean that “people like me are going to have to take a little less and pay a little more in.” Lindsey Graham has suggested raising the qualifying age for Social Security and Medicare. The group includes more than 150 Republican members of the House, the majority of the GOP caucus. The Republican Study Committee, the largest conservative caucus in the House, has called for increasing the threshold for Medicare to 67 years of age and Social Security to 70 years of age in an effort to avoid the programs’ trust funds from becoming insolvent, per its fiscal 2023 budget. Right now, we’re whistling past the graveyard,” he added. Scott’s proposal also called for a yearly report from Congress “telling the public what they plan to do when Social Security and Medicare go bankrupt.” This would require Congress to renew Social Security and Medicare every five years. If a law is worth keeping, Congress can pass it again,” the document said. “All federal legislation sunsets in 5 years. Rick Scott (R-Fla.) last February, which called for all federal legislation to sunset after five years as part of an effort to curb government spending. (Greg Nash)Īt the center of the current debate over the federal entitlement programs is an 11-point plan released by Sen. Rick Scott’s plan for all federal legislation to sunset after five years is at the center of the debate on Social Security and Medicare after President Biden’s State of the Union. Here’s what they actually said about cuts and changes to Social Security and Medicare. However, Republicans have denied that the entitlement programs are at risk.īut some prominent Republicans have previously suggested cuts to the programs. Biden and Democratic lawmakers have repeatedly accused Republicans of attempting to target Medicare and Social Security in potential spending cuts that they hope to tie to a debt ceiling increase.
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