Kathy Hochul Willing to Cut Social Security & Medicare Benefits for Seniors

May 12, 2011

Kathy Hochul Willing to Cut Social Security & Medicare Benefits for Seniors
Democrat Candidate Wants to Cut Benefits While Attacking Opponent for Working to Save Them

Washington — Just today, Kathy Hochul admitted that she would support the same kinds of devastating tax increases and benefit cuts to current seniors required under the Obama-Pelosi Medicare plan. When it comes to preserving Medicare for current seniors and saving it for future generations, Hochul’s plan results in nothing short of a disaster. To make matters worse, Hochul is even willing to consider cutting Social Security benefits, a stance that not even her liberal allies in Washington have advocated for.

“Kathy Hochul has told seniors loud and clear that she has no desire to protect their Social Security or Medicare benefits, but is instead willing to slash them,” said NRCC Communications Director Paul Lindsay. “Western New Yorkers cannot afford Hochul’s radical ideas to slash Medicare and Social Security benefits, raise taxes and bankrupt our children and grandchildren’s futures.”

Kathy Hochul today emphatically declared that raising taxes and cutting benefits would be “on the table” if she is in Congress:

“I, for one, think that everything should be on the table: entitlements, defense spending, but also revenues.” (Kathy Hochul, “26th District Congressional Debate,” 5/12/11)

This is consistent with her fellow Democrats’ plan to simply let Medicare go bankrupt, requiring enormous payroll tax increases or slashes in current benefits:

“Eliminating this deficit would require an immediate 23 percent increase in payroll taxes or an immediate 15 percent reduction in benefits—or some combination of the two. Delaying action would require more drastic tax increases or benefit reductions in the future.” (“Issue Brief: Medicare’s Financial Condition: Beyond Actuarial Balance,” American Academy of Actuaries, Nov. 2010)

All while incessantly lodging ridiculous attacks against her opponent who wants to save Medicare for future generations, Kathy Hochul was merely trying to hide the truth – that she is simply another Obama-Pelosi ally who would be open to tax hikes and slashes to Medicare and Social Security benefits. As she uses her scare tactics to mislead seniors in Western New York, it is important to also examine the devastating results of her plan, as well.

Kathy Hochul Willing to Cut Social Security & Medicare Benefits for Seniors http://ow.ly/4Tga5 #madeinwdc

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