A top White House official said Sunday that the most pressing threat to Social Security is Republican lawmakers, despite government projections that the retirement benefits will run dry in a decade.
Shalanda Young, director of the Office of Management and Budget, pointed the finger at the GOP in the wake of President Biden releasing his budget proposal that includes trillions in new taxes and amid a feud with House Republicans over spending cuts.
“Let me be clear: the top existential threat to Social Security is those in this town who want to cut it,” Ms. Young said on CNN’s “State of the Union.” “I wish we were in the part of the debate where we can talk about extending it. This president chose to focus on protecting benefits, and that’s what [his budget] does.”
Republicans reject accusations they want to slash the retirement benefit in the face of consistent criticism from Mr. Biden. The nonpartisan Congressional Budget Office says Social Security is set to become insolvent by 2033 and cause steep cuts to benefits, prompting concern in Washington that something must be done to ensure the long-term viability of the entitlement program.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
White House launches full court press against House Freedom Caucus’ debt ceiling demandsThe White House stepped up its offensive against the House Freedom Caucus over the weekend after the bloc of conservatives laid out a series of demands for securing their vote to raise the nation's debt ceiling.
Read more »
Fire breaks out at building near White House, no injuriesD.C. Fire and Emergency Medical Services said at 8 a.m. on Twitter that a defective cooling motor in the basement caused the fire.
Read more »
Fire breaks out at building near White House, no injuriesA fire broke out at the Eisenhower Executive Office Building next to the White House, leading to the evacuation of workers as firefighters responded to the call, according to the U.S. Secret Service.
Read more »
Fire breaks out at building near White House, no injuriesThere's been a fire at the Eisenhower Executive Office Building next to the White House, leading to the evacuation of workers as firefighters responded to the call.
Read more »
House GOP Refuses to Denounce White Supremacy and 'Great Replacement' Theory'It is imperative for every member of this committee to make clear to the American people that we speak with one voice to reject dangerous conspiracy theories and racist and antisemitic ideology,' Rep. Jamie Raskin told his Republican colleagues.
Read more »