Press Releases

Today, Ways and Means Committee Ranking Member Richard E. Neal (D-MA) released the following statement responding to the release of the 2023 Medicare Trustees Report and 2023 Social Security Trustees Report.

“Social Security and Medicare are essential commitments to our seniors that must be protected – millions of Americans have paid into these programs throughout their lives and deserve the benefits they’ve earned. Today's report expands the Medicare trust fund's lifespan by three years while Democrats’ historic drug pricing slashes Medicare drug spending and puts money back in consumers’ pockets. This is on top of the 12 years the Affordable Care Act added and stands in sharp contrast to Republicans' repeated attempts to dismantle and destroy Medicare.

“While Democrats are committed to the long-term health of these programs, Republicans are launching another shameful assault on the economic well-being of millions of workers and retirees with their plan to make drastic cuts to Social Security and Medicare. Their playbook is clear: slashing a critical resource that Americans have rightfully earned to give another tax cut to the top 1%. Democrats won’t let their reckless attacks stand, and we will continue to defend and protect Social Security and Medicare for generations to come.”

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