Millions of retired and disabled people in the United States had better brace for another year with no increase in Social Security payments.At some point the country needs to address entitlements. And the sense of entitlement. Good luck with that.
The government is projecting a slight cost-of-living adjustment for Social Security benefits next year, the first increase since 2009. But for most beneficiaries, rising Medicare premiums threaten to wipe out any increase in payments, leaving them without a raise for a third straight year.
About 45 million people - one in seven in the country - receive both Medicare and Social Security. By law, beneficiaries have their Medicare Part B premiums, which cover doctor visits, deducted from their Social Security payments each month.
According to a Greenville News account posted on his website, Gowdy "described a recent school classroom where most children indicated they think it's the government's job to provide health care, Social Security and education. 'We've got to do something about the sense of entitlement,' Gowdy said."