Social Security advocates who breathed a sigh of relief when Senate Republicans rejected President Trump’s demand to place a payroll cut in the latest coronavirus relief bill exhaled too soon.
The version unveiled Monday by Senate Majority Leader Mitch McConnell (R-Ky.) incorporates a provision even more menacing for Social Security (and Medicare too).
This is the so-called TRUST Act, which was crafted by Sen. Mitt Romney (R-Utah) and has been bubbling along in Capitol Hill corridors since last year.
The TRUST Act is a device to tamper with Social Security behind closed doors and in a way that would allow senators and members of Congress to wreak havoc on the program without leaving fingerprints.
The TRUST Act is now a provision of the HEALS Act — the Senate GOP’s opening bid on coronavirus relief. So it’s timely to give it a close look.
We’ll start by pointing out that Social Security advocates are universally opposed to the measure, which they see, correctly, as an expression of longtime conservative hostility to the program.Read Full Article