![]() “Let’s create the competition,” Haley said. To Haley, entitlement reform should also include a move “to limit the benefits for the wealthy," as well as an expansion of Medicare Advantage, in which private companies offer plans that are reimbursed by the government for care. Speaking Sunday on Fox News, Haley proposed elevating the retirement age “so that it matches life expectancy,” an idea she has mentioned during other campaign stops without delineating a specific age. “I will not be cutting Medicare, and I will not be cutting Social Security," he declared. On Monday in Davenport, Iowa, former President Donald Trump pledged to keep the programs as they are. Others in the presidential field have taken the issue head on. ![]() Economists say both programs will drive the national debt higher in the decades to come, forcing teeth-gritting choices for the next generation of lawmakers. ![]() Forecasters say Social Security won’t be able to pay out its promised benefits in about a dozen years, and Medicare won’t be able to do so in just five years. The programs are coming up against insolvency deadlines. After Biden's speech, Scott amended the plan to exempt Social Security, Medicare, national security, veterans benefits, and other essential services. Rick Scott of Florida, introduced last year, that called for all federal spending legislation to sunset in five years, subject to votes in Congress that could preserve programs. (AP Photo/Meg Kinnard)ĭemocrats have pointed to a plan by Republican Sen. Nikki Haley, a candidate for the 2024 Republican presidential nomination, to speak during a campaign rally on Monday, March 13, 2023, in Myrtle Beach, S.C. President Joe Biden, who has promised to “defend and strengthen” the programs, was met with boos from congressional Republicans when he said during his State of the Union address that “some Republicans want Medicare and Social Security to sunset.” Most leading Republicans have recently sought to signal their unwillingness to touch entitlement programs, though the GOP has a long history of threatening to slash the benefits. You let them know, it’s not going to be there for you anyway, because Social Security goes bankrupt in 10 years, Medicare goes bankrupt in five. “Those are the ones we tell the rules have changed - anyone new coming in this system,” said Haley, a former South Carolina governor and U.S. I don’t want anybody touching theirs.”īut Haley, making her first campaign stop in South Carolina since launching her campaign last month, said her children, both of whom are in their 20s, are part of the generation for whom the benefits should be altered. “We’re not taking it to anyone who’s been promised anything. “We’re not taking it from seniors,” Haley said. (AP) - Republican presidential candidate Nikki Haley is proposing changes to entitlement programs for younger generations, opening the door to potential cuts to Social Security and Medicare if elected.Īt a campaign rally Monday night in Myrtle Beach, South Carolina, Haley promised not to touch the benefits of older people who retired with certain guarantees of a financial future. Nikki Haley, a candidate for the 2024 Republican presidential nomination, speaks during a campaign rally on Monday, March 13, 2023, in Myrtle Beach, S.C.
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