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Regulation and Compliance > Legislation

Bill to 'Fast Track' Social Security Cuts Is Up for Debate This Week

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The House Budget Committee plans to mark up and potentially vote on Thursday H.R. 5779, the Fiscal Commission Act of 2023, legislation that would set up a fiscal commission to address the nation’s national debt and make “fast track” changes to Social Security, according to critics, including possible cuts to the program.

Nancy Altman, president of Social Security Works, said Tuesday in a statement that the commission “is a poison pill designed to slash Social Security and Medicare behind closed doors.”

The White House, Altman continued, “has accurately stated that such a commission is a ‘death panel for Medicare and Social Security.’ House Republicans are rushing to advance the commission so that they can jam it through as a condition of keeping the government funded.”

Democratic leadership “should respond that our earned benefits are non-negotiable, and that they will not accept a commission under any circumstances,” Altman said. “Instead, any legislation on Social Security should go through regular order so that Congress can debate it in the sunlight.”

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