Ben Tomchik

Presidential Library Aficionado, Iced Coffee Connoisseur, Theatre Geek, Die-Hard Steelers fan and DC writer. Opinions are my own!

[Ben Tomchik @bentomchik]

Miss this man in the Oval.

[The Bush Archive @TheBushArchive]

President Bush in the Oval Office, 2007.

[CRFB.org @BudgetHawks]

🚨 SOCIAL SECURITY FACT: Upon insolvency of the Social Security program, retirees will face an automatic 22% benefit cut.

[Ben Tomchik @bentomchik]

Jackie Kennedy hosted Pablo Casals. LBJ welcomed Hello, Dolly!. Nixon honored Duke Ellington. Nancy Reagan hosted Sinatra & Baryshnikov. Bush had Yo-Yo Ma & Jersey Boys. Obama had Paul McCartney. Now Trump has a cage match. If anything symbolizes America's decline, this is it.

[Reagan Reese @reaganreese_]

A look inside the White House’s UFC Arena.

[Reagan Reese @reaganreese_]

A look inside the White House’s UFC Arena.

[CRFB.org @BudgetHawks]

🚨FULL ANALYSIS of the 2026 Medicare Trustees' Report ⤵️

The #Medicare Trustees released their annual report today, showing:

➡️Medicare's HI trust fund will be insolvent in seven years in 2033, when today's 58-year-olds become eligible for the program

➡️At insolvency, the HI trust fund requires an automatic 11% spending cut, reducing access to care

➡️The HI trust fund faces a large shortfall of 0.56% of payroll

➡️Medicare costs continue to rise rapidly, from 4.1% of GDP today to 6.5% of GDP by 2050

➡️The program's fiscal outlook has worsened since last year with the shortfall increasing by 33%

➡️Under an alternative scenario, Medicare spending will rise much faster and the shortfall will grow much larger

The large amount of waste in Medicare provides opportunity to lower costs for government and beneficiaries alike, and policymakers should act now on common-sense reforms and trust fund solutions.

Learn more in the full report linked below.

[Marc Goldwein @MarcGoldwein]

More Controversy in Maine.

If we don't save Social Security, the 23% of Mainers will lose the equivalent of $478 in monthly benefits -- an amount equal to 1.7% of Maine's GDP.

[Jon Fleischman @FlashReport]

Iceberg! Dead ahead!

[Marc Goldwein @MarcGoldwein]

Without action, Americans from across the country will face a deep and abrupt cut to the Social Security benefits.

See how your state fares: https://t.co/VwzPBaAcXB

[em | seeing evita @emelodical]

we need to campaign so hard for diego bc this is literally him as che in evita 8 times a week for his first time as a leading man in his west end debut !!!

[Marc Goldwein @MarcGoldwein]

* we’ve released a better alternative to eliminating the cap. If I have the choice, I’d much rather broaden the payroll tax base through an employer compensation tax: https://t.co/XDCM5G1Rnd

[Marc Goldwein @MarcGoldwein]

I support lifting the cap* - but it only closes half the solvency gap, and you need 60 votes to change Social Security. So we need to do more and we need to do it on a bipartisan basis.

[CRFB.org @BudgetHawks]

➡️ Learn more in our full interactive report, "No State Spared": https://t.co/EeEnqNC8OR. #NoStateSpared

[Washington Journal @cspanwj]

Committee for a Responsible Federal Budget (@BudgetHawks) Senior Vice President & Senior Policy Director @MarcGoldwein discusses a new report on the projected impact on Social Security recipients if the trust fund becomes insolvent.

LIVE now: https://t.co/HqyimGEp9n

[CRFB.org @BudgetHawks]

🗺️What state would have the highest total benefits lost as a share of GDP upon Social Security’s insolvency?

At the national level, a 24% reduction in Social Security benefits today would amount to $345 billion this year, or 1.1% of GDP – with the state impact ranging from 0.2% to 1.9% of GDP.

In 40 states, the cuts would exceed 1% of GDP. The states with the steepest losses include:

1️⃣ West Virginia

2️⃣ Mississippi

3️⃣ Vermont

4️⃣ South Carolina

5️⃣ Maine

6️⃣ Michigan

7️⃣ Montana

8️⃣ Arkansas

9️⃣ Alabama

🔟 Idaho

Click here to see where your home state compares 👉 https://t.co/ia2rY2HgBL.

[Washington Journal @cspanwj]

.@MimiGeerges: "How much is fraud costing the social security trust fund?"

@MarcGoldwein: "Within social security, particularly in a retirement program, the fraud rate is extremely low. ... We're talking about an error rate in the retirement program of less than 1% - maybe close to 0.5%."

[CRFB.org @BudgetHawks]

⏳The Social Security Trustees project that the retirement trust fund will be exhausted in 2032 – if no action is taken, no state would be spared from the impact of insolvency. Thankfully, there are plenty of #TrustFundSolutions to save the program.

Tune in to @cspanwj at 9:30am ET to hear from CRFB's @MarcGoldwein on our latest findings.

➡️Read the interactive report at https://t.co/ia2rY2HgBL.

[Michael Dennehy @DennehyGOP]

Social security — it’s going insolvent. I had Mike Murphy of @BudgetHawks on @thepulseofnh to talk about what it will mean for NH with their new report out. Washington needs to take action…now.

[CRFB.org @BudgetHawks]

🗺️ What states are facing the largest average monthly benefit cut for retirees upon Social Security insolvency?

After applying the projected 24% benefit cut to current state data, we estimate an across-the-board monthly cut would range from $459 to $556 across the 50 states and the District of Columbia, with the benefit cut exceeding $500 per month in 29 states.

The top ten states facing the largest monthly reductions for retirees include:

1️⃣ Connecticut

2️⃣ New Jersey

3️⃣ New Hampshire

4️⃣ Delaware

5️⃣ Maryland

6️⃣ Washington

7️⃣ Minnesota

8️⃣ Massachusetts

9️⃣ Michigan

🔟 Utah

Find how your state compares to others here ⚖️  https://t.co/ia2rY2HgBL.

[CRFB.org @BudgetHawks]

No State Spared 🗺️ Mapping the Impact of Social Security's Insolvency

Our new first-of-its-kind “No State Spared” report illustrates the potential state-by-state impact of Social Security's insolvency, highlighting the consequences of continued inaction.

Social Security insolvency is less than 7 years away, at which point retirees will face a 24% benefit cut upon trust fund depletion...

Using the projected 24% benefit cut and the most recent state-level data available, we estimate that ⤵️

➡️ Average monthly benefit cuts would surpass $500 in 29 states.

➡️ More than 15% of the population would be directly impacted in 47 states.

➡️ Total benefit cuts would exceed 1% of GDP in 40 states.

No state would be spared from the potentially devastating effects of Social Security insolvency.

For information on the impact on your home state, check out the report here 👉 https://t.co/bBqZTPWMBL.

[CRFB.org @BudgetHawks]

➡️ICYMI: 6x @NBA champion, 6x MVP, and accomplished writer Kareem Abdul-Jabbar (@kaj33) recently weighed in on how lawmakers are leaving us ill-prepared to deal with a future crisis by ignoring our growing debt.

"This collective, forced silence is actually far more dangerous than the debt number itself. A country that refuses to accurately assess its own financial health cannot fix it."

The Hall of Fame is warning about our fiscal health – it's time for the halls of Congress to follow suit.

🔗https://t.co/nmPmSHRgKb.