January 21, 2024

Position Paper: Debt Commission Legislation Fast Tracks Cuts to Social Security and Medicare

Social Security and Medicare have been the foundation of retirement security for generations of Americans, providing income and health care to millions. Americans earn these benefits, contributing to them with every paycheck.

On January 18, 2024 the House Budget Committee passed H.R. 5779, the Fiscal Commission Act, introduced by Rep. Bill Huizenga (R-MI), on a 22-12 vote and House Republican leaders say they are looking to get it to the House floor quickly.

Sens. Joe Manchin (D-WV) and Mitt Romney (R-UT) have also introduced companion legislation in the Senate, S. 3262, the Fiscal Stability Act.

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