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Posts Tagged ‘benefit cuts’

Rep. Michele Bachmann Criticized Over Proposed Veterans Benefits Cuts

Monday, January 31st, 2011

Rep. Michelle Bachmann came under fire for her proposal to save the budget. The Minnesota Republican congresswoman outlined a $400 billion worth of possible spending cuts. The plan contains drastic measures such as abolishing the Department of Education, overhauling farm subsidies and eliminating a host of grants and programs.

Bachmann came under fire for her proposal to include a $4.5 billion cut targeting America’s veterans. The proposed capping increases for health care spending at the Department of VA and cutting veterans’ disability payments to account for Social Security disability payments.

Bachmann’s spokesperson told Fox News that Bachmann is not advocating for abolishment of veterans’ benefits. Bachmann’s spokesperson described the list as suggestions to open things up for discussion on how to reduce our nation’s mounting debt.

Other lawmakers called Bachmann’s proposal totally out of step with America’s commitments to its veterans. Some lawmakers fiercely oppose the idea as America is supposed to care for its wounded and disabled service members and women when they return home.

Disabled American Veterans called Bachmann’s idea ill advised, heatless and wrong-headed.

Bachmann’s proposal would result in a reduction of up to $2,224 a month in disability payments for a veteran who also receives Social Security Disability Income or SSDI. It would also freeze health care funding at current levels.

Veterans for Common Sense executive director said 10,000 new veterans a month are seeking treatment. Number of veterans seeking health care is rising, with many of them returning from the battlefield.

Pawlenty Proposes Social Security Benefits Cuts

Wednesday, January 26th, 2011

Former Minnesota Governor Tim Pawlenty stated that limiting Social Security payments to wealthier Americans could help the country lower its growing national deficit. Pawlenty, a potential 2010 presidential candidate, told an audience in the state of New Hampshite that annual increases in payments to wealthier Americans might be scaled. Pawlenty also stated that wealthier Americans do not rely on cost-of-living adjustments.

In 2009, the Social Security program paid out $700 in various benefits to more than 53 million Americans. The program faces a $5.3 trillion financial shortfall over the next 75 years as the nation ages and fewer Americans pay in workers taxes.

Current recipients of Social Security benefits have not seen an increase in payments during the last two years. Pawlenty suggested those with adequate income should have their payments curbed while others should receive payment increases.

Pawlenty also believes the nation should consider raising the retirement age.