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Statement by AFL-CIO President Richard L. Trumka On Reports by Social Security and Medicare Trustees

By Amaya Tune, 202-637-5018  |  AFL-CIO

Today’s reports by the Social Security and Medicare trustees bring good news for both programs.  The reports are a needed comeuppance to right wing ideological opponents of Social Security and Medicare who, year after year, twist the facts to undermine confidence in these essential programs, hoping that this will lessen public resistance to their wildly unpopular agenda of benefit cuts, privatization, and vouchers.

The report by the Medicare Board of Trustees shows that the recently enacted health care reform legislation will significantly slow Medicare cost growth, extending the life of Medicare’s trust fund for 12 years, reducing Part B premiums and reducing the federal deficit ... more