Social Security & Medicare
Since day one, I have been committed to preserving and protecting Social Security and Medicare programs, both for today’s seniors and future generations of beneficiaries. We all are paying taxes to ensure that we can count on them being there when we retire. But simple demographics demand that we act to ensure that these programs will be solvent in the future.
Almost 10,000 Baby Boomers turn 65 every day. It’s anticipated that by 2031, the U.S. population over the age of 65 will number 75 million, almost double what it was in 2008. Consider that, in 1950, there were 16 workers for every retiree. Now, roughly three workers support one retiree.
These programs provide an important safety net for retirees and represent a promise between American workers and their government. We cannot break that promise. That’s why I continue to preserve Medicare and am working to ensure Social Security remains fiscally viable for Ohioans and all of our children and grandchildren.