K-12 Tax & $pending Climate: The Senate is poised to rob $196 billion from Social Security for public union workers
High-earning government workers would also benefit more than lower earners.
House Republicans passed the bill after the election, perhaps as a payoff to the International Association of Fire Fighters, which declined to endorse Kamala Harris and has led the lobbying campaign on Capitol Hill. Many firefighters retire in their early 50s and then work for private employers.
Thirteen GOP Senators have co-sponsored a companion bill, including Susan Collins, Bill Cassidy, Lisa Murkowski, Markwayne Mullin, John Kennedy, Mike Braun, JD Vance, Deb Fischer, Jerry Moran, Pete Ricketts, Marsha Blackburn, Rick Scott and John Boozman.
Social Security is headed for insolvency, but these Republicans don’t seem to care. The Weingarten gift would cost $196 billion over 10 years. That’s more than double the savings from raising the retirement age to 70, according to the Congressional Budget Office.
We know Republicans are phonies on spending restraint, but handing a huge victory to unions like the teachers and Afscme that back Democrats takes a special kind of political masochism. Please spare us any future whining about debt and deficits.