Bilirakis Leads the Charge to Preserve Medicare and Social Security Programs
Washington, DC: Earlier today, Representative Gus Bilirakis introduced the Commission on Sustaining Medicare and Social Security Act. This critical legislation would create a non-partisan Commission of experts to identify potential solutions that would ensure the long-term financial sustainability of both Medicare and Social Security. The Commission would make policy recommendations to Congress. Without Congressional action, experts warn that the Medicare Trust Fund and Social Security Trust Fund will become insolvent by 2026 and 2034, respectively.
"Medicare and Social Security are sacred because so many seniors depend upon them. We have a moral obligation to honor our commitment and protect these programs in perpetuity. However, we can no longer afford to kick the can down the road and ignore the financial reality that these programs, as currently structured, will become insolvent unless we take action," said Congressman Bilirakis. "While I am willing to consider all potential options for addressing this situation, we must make sure no current senior is negatively impacted by any changes to the programs. By establishing this Non-Partisan Commission, we can take the politics out of the equation and find the best path forward. Ronald Reagan and Tip O'Neal did so in the early 80's. The Commission worked then, and I believe it will work again."