Workers under age 45 will pay the price for AARP’s lobbying against Medicare and Social Security reforms over the past two decades in the form of reduced benefits, critics say.

By John Rossomando – The Daily Caller

Excerpts:

‘AARP has been described as the “800-pound gorilla” in the Medicare and Social Security debates and has played a key role in blocking many pieces of major legislation aimed at restructuring Medicare and Social Security to prolong their lifespans for the past 20 years.’

‘“If you look at the big three entitlement programs, which are Medicaid, Medicare, and Social Security, they will eventually consume every penny in taxes by themselves, assuming we don’t increase taxes from the current 18 to 19 percent of the economy that taxes normally take,” Cato Institute scholar Michael Tanner said. “Those three programs alone will cost more than that. We could abolish all of the rest of the government and still not have enough money.”’

FULL STORY

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