Uncategorized

AARP: NC Seniors wary of budget cuts, debt-reducing proposals

Voters in the mid-term elections said their top concern was the economy and the nation’s skyrocketing debt. Now Republicans who took over the U.S. House on pledges to reduce federal spending must decide whether to advance the proposals from the co-chairs of President Obama’s fiscal commission.

The draft plan put forth by the bi-partisan panel would cut Social Security and Medicare, raise the retirement age to 69 by 2075,  and eliminate or curb popular tax breaks such as the mortgage interest deduction.

Bob Garner of AARP North Carolina says seniors realize that the current level of spending is unsustainable, but remain very wary of recommendations that would slash their benefits. Garner notes the heated rhetoric that preceded passage of the Affordable Care Act is another reason North Carolina seniors may be nervous about the latest ideas being floated.

Garner appears this weekend on News & Views to discuss the impact of the recession on seniors.  For a preview of his radio interview with Chris Fitzsimon, please click below:

Check Also

Could smaller schools mean safer schools? One of the nation’s best teachers believes so

As the North Carolina General Assembly House Select ...

Top Stories from NCPW

  • News
  • Commentary

The Cape Fear River is damaged, contaminated by decades of human malfeasance, negligence and ignoran [...]

Legislative Services Officer Paul Coble appears to be violating the state public records law and is [...]

This morning, the state Supreme Court will hear oral arguments in the pivotal case of Silver, et al. [...]

Duke Energy has been fined $156,000 for 21 illegal seeps from coal ash basins at its Allen, Marshall [...]

These are extraordinary times in the American experiment with representative democracy. In Washingto [...]

Public education in North Carolina has its share of challenges, not the least of which has been the [...]

The post Time to come clean appeared first on NC Policy Watch. [...]

Tax Day in 2018 in North Carolina presents an opportunity to make sure our tax code allows us to mee [...]

Now hiring

NC Policy Watch is now hiring a Managing Editor – click here for more info.