Kamala on Social Security & Medicare

What happens in the next four years will be critical to the future of Social Security and Medicare. Long projected imbalances between benefits and revenue are nearly upon us. Now more than ever, we need a President we can trust to protect these programs for Gen X and beyond.

Vice President Kamala Harris has been fighting to protect Medicare since her days as the Attorney General of California where she pursued and prosecuted Medicare fraud. She will continue the work of the current Administration to protect Social Security and Medicare for future generations.

You can trust her with your Social Security and Medicare.

As Vice President, Kamala Harris cast the tie-breaking vote for the Inflation Reduction Act which:

  • Requires the government to negotiate for some Medicare-covered drugs.

  • Requires drug companies to pay rebates when drug prices rise faster than inflation

  • Limits the cost of insulin to $35/month for Medicare Part B and D recipients.

As President, Kamala Harris proposes to:

  • Protect Social Security and Medicare by extending the payroll tax for those making more than $400,000/year. This change alone could increase the solvency of both programs for decades.

  • Expand Medicare home healthcare benefits so people can get the care they need at home with their families

  • Expand Medicare to include vision and hearing benefits so cost-cutting doesn’t cut people off from the world.

  • Change how cost-of-living adjustments are made to better account for rising healthcare costs by using the Consumer Price Index for the Elderly

“We are not going back to when Donald Trump tried to cut Social Security and Medicare.”

- Kamala Harris

What’s being said about Kamala Harris’ plans for Social Security and Medicare?

“By extending the payroll tax to higher earners, the program could see a substantial increase in revenue, potentially enhancing its solvency and allowing for increased benefits for retirees. This approach aims to address the funding gap without resorting to benefit reductions or changing the retirement age…For those planning for retirement, Kamala Harris’ position on Social Security could offer greater certainty about future benefits.” [Unbiased.com]

“An analysis conducted by the Social Security office found that enacting the Adminstration’s plan would actually move the projected depletion date of the trust back by about 32 years.” [Washington Examiner]

“The Inflation Reduction Act, included measures to lower prescription drug costs for beneficiaries by allowing Medicare to negotiate prices directly with pharmaceutical companies — similar to the power employed by the Department of Veterans Affairs (VA) and other federal agencies. A 2020 report by the U.S. Government Accountability Office found that the VA paid an average of 54 percent less per unit on brand-name and generic prescription drugs than Medicare.

Giving Medicare this same negotiating power is expected to save billions of dollars for both the federal government and beneficiaries over the next decade. 
Harris specifically called for this kind of reform on the campaign trail five years ago.” [Bankrate]