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Could 26, 2023
Retired Individuals PAC Releases Advertisements Warning Seniors About Threats to Social Safety if Congressional Republicans Refuse to Increase the Debt Ceiling
This week, Retired Individuals PAC, an unbiased challenge of the Alliance for Retired Individuals, launched a collection of digital advertisements in 10 congressional districts and Washington, DC. The advertisements warn voters that Social Safety checks could possibly be disrupted if Congress doesn’t elevate the debt ceiling and urge them to name their Representatives.
Default could be devastating for retirees, who usually depend on mounted earnings and have financial savings which might be topic to the ebbs and flows of financial pressures. The federal authorities has greater than $90 billion in profit funds, together with Social Safety, Medicare, and Medicaid, set to exit in the beginning of June. If the federal government can’t ship the primary spherical of Social Safety checks out at the moment, beneficiaries who’re 88 years or older will face the most important burden. Low-income beneficiaries may also be particularly laborious hit. Late funds may create a vicious cycle that results in extra seniors residing in poverty and changing into meals insecure.
Saundra Cole, President of the Arizona Alliance, advised the Related Press what default may imply for older Individuals in her group: “What I’m apprehensive about is meals banks and electrical energy right here as a result of you realize, we’ve had deaths with seniors due to the warmth,” she stated.
“Extremist Republicans are threatening to tank the economic system to demand devastating cuts to packages seniors depend on,” stated Richard Fiesta, Govt Director of the Alliance. “We can’t enable these partisan video games to proceed. Please name your member of Congress at 855-254-1564 and urge them to boost the debt restrict and oppose cuts to important providers.”
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