Protecting Social Security and Medicare Benefits: Two-Thirds Vote Requirement.
This bill significantly raises the legislative bar for reducing Social Security and Medicare benefits. It requires a two-thirds supermajority vote in Congress just to consider any measure that would cut existing benefits. This change aims to provide greater stability and financial security for current and future beneficiaries of these vital programs.
Key points
A supermajority (two-thirds vote) is required in Congress to consider any cuts to existing Social Security and Medicare benefits.
Reductions in payments to private Medicare Advantage plans are exempt from this rule, provided the savings are redirected to other Medicare purposes.
The determination of whether a provision reduces benefits is solely made by the Office of the Chief Actuary of the Social Security Administration.
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