DeSantis claims Trump is using 'Democrat attacks' on Social Security and Medicare

Misty Severi

May 08, 08:57 PM May 08, 08:57 PM

Gov. Ron DeSantis (R-FL) blasted former President Donald Trump for using "Democrat attacks" concerning government programs such as Medicare and Social Security.

DeSantis, who is considering a presidential bid in 2024, slammed the onetime president for criticizing his former support of a budget proposal that included raising the age of retirement to 70. DeSantis expressed support for the proposal when he was in Congress.

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“Those are Democrat attacks. I don’t think anyone really buys that,” DeSantis told Newsmax on Friday. “Donald Trump himself wrote a book where he was talking about the need to increase the age of eligibility for Social Security to 70.”

DeSantis added that even though Republicans should be able to discuss programs like Social Security without fear of retribution, Trump took it to a different level by using tactics normally deployed by Democrats.

A super PAC that supports DeSantis used similar language to the governor in an attack ad last month.

“Donald Trump is being attacked by a Democrat prosecutor in New York,” the narrator in the ad says. “So why is he spending millions attacking the Republican governor of Florida? Trump’s stealing pages from the Biden-Pelosi playbook.”

Trump's reference to the budget proposal dates back to when DeSantis was a congressman. But debates over government spending have revitalized discussions on how important Social Security is, especially following a federal report that claimed funding for Social Security will be depleted by 2034 if it is not fixed.

When tensions were high following President Joe Biden's State of the Union address, Trump urged both parties not to touch either program.

DeSantis and Trump are considered rivals within the Republican Party, and they are the two front-runners for the GOP nomination for president next year. DeSantis has not declared his candidacy, but a final decision is expected to be announced this summer. Trump announced his bid in November.

Social Security update: SSI recipients to get first 2023 payment of $914 on Dec. 30

Jack Birle

December 11, 12:00 PM December 11, 12:00 PM

Supplemental Security Income beneficiaries are only a few weeks away from the second of two payments to be distributed in December because of a scheduling quirk, with the checks being worth a combined total of $1,755.

The first payment was sent out to eligible recipients on Dec. 1, with this second payment set to be delivered to recipients on Dec. 30.

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The Social Security Administration issues monthly SSI checks the business day prior to months that begin on a weekend or holiday to ensure beneficiaries have the check by the first of the month, according to the agency. This scheduling quirk results in recipients receiving two checks in the same calendar month multiple times a year, but recipients still only receive 12 checks for the year.

The January 2023 SSI payment is being delivered on Friday, Dec. 30, because Jan. 1 falls on a Sunday. The January payment is unique because it is always delivered early since New Year's Day is a federal holiday. In 2023, there will be four months with two payments: March, June, September, and December. This is because the first of the month falls on a weekend in April, July, and October.

For individuals, the payment will be $914, while the rate for eligible couples is $1,371. Essential persons, people who live with someone receiving SSI and provide them with necessary care, will receive $458.

The payments will be the first under 2023 rates, which are increased as part of the yearly cost-of-living adjustments to make sure Social Security payments keep pace with inflation.

The Social Security Administration first issued SSI payments to eligible people in January 1974, with payment rates increasing on pace with inflation for cost-of-living adjustments since 1975, per the agency.

Social Stability improve: Immediate gain payments could improve to 9.5% in 2023 for retirees

Rachel Schilke

September 07, 11:21 AM September 07, 11:21 AM

Those organizing to retire in 2023 may perhaps see a 9.5% boost in immediate reward payments if inflation continues to increase.

The price tag-of-residing adjustment for 2022 sits at 5.9%, boosting normal payments by roughly $93, in accordance to the Social Protection Administration. COLAs are determined centered on the client cost index for urban wage earners and clerical personnel and only seem at the 3rd quarter of the 12 months, incorporating together figures from July, August, and September.

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If inflation in August and September stays the similar as it did in July, the 2023 COLA will be all over 8.9%, a MarketWatch investigation showed. Nonetheless, if inflation increases by .6% in August and then one more .6% in September, then the COLA will be close to 9.5%.

Every month Social Protection payments sit at $841 for one recipients, $1,261 for couples, and $421 for essential folks who reside with or choose care of Social Safety recipients. Recipients can anticipate two payments this thirty day period as opposed to a single, supplied that Oct. 1 falls on a Saturday, the Washington Examiner documented.

The inflation report for August is established to arrive out on Sept. 13, the Bureau of Labor Statistics noted.