Bill Text: MI HR0157 | 2021-2022 | 101st Legislature | Enrolled
Bill Title: A resolution to urge the members of Congress to take action to mitigate the depletion of the Social Security and Medicare Trust Funds.
Spectrum: Bipartisan Bill
Status: (Passed) 2021-11-09 - Adopted [HR0157 Detail]
Download: Michigan-2021-HR0157-Enrolled.html
house resolution no.157
Reps. Tisdel, Bezotte, Liberati and Steenland offered the following resolution:
Whereas, Social Security benefits are paid to more than 65 million Americans, including some who use the financial resource to stay out of poverty. Approximately 21.7 million Americans would have been in poverty in 2020 without Social Security benefits. Vulnerable individuals, including the aging population and people with disabilities, depend on Social Security to supplement other forms of income. The Social Security Administration reports that Social Security benefits account for at least one-third of the income of the elderly; and
Whereas, Medicare helps pay medical costs for over 57 million individuals per year on average. Medicare allows for individuals to receive medical care and prescription drugs that they otherwise may not be able to afford. Many people enrolled in Medicare live with health problems and almost half of enrollees have incomes below 200 percent of the federal poverty level. Estimates showed that 19 percent of Medicare beneficiaries had no other form of supplemental insurance in 2016; and
Whereas, Projections in Social Security and Medicare trustees reports estimate that Social Security will only be able to pay 78 percent of scheduled benefits by 2034, and Medicare will only be able to pay 91 percent of full costs by 2026. Americans will suffer without essential benefits paid by these programs, despite paying tax dollars towards Social Security and Medicare. Lacking full Medicare benefits, many Americans will not be able to afford crucial medical services. The depletion of these social safety nets poses a great threat to not only current beneficiaries, but all those who may benefit in the future; now, therefore, be it
Resolved by the House of Representatives, That we urge the United States Congress to take action to mitigate the depletion of the Social Security and Medicare Trust Funds; and be it further
Resolved, That copies of this resolution be transmitted to the President of the United States Senate, the Speaker of the United States House of Representatives, and the members of the Michigan congressional delegation.
