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A Chilling View of the Future

December 21, 2001

Syndicated columnist and NPR essayist Matt Miller offers this look at a future without Social Security reform:

Announcer: It’s "The NBC Primetime News" for December 15, 2015. From New York, here’s anchor Brian Williams.

Williams: Good evening, everybody. We’ve got a lot to bring you tonight, starting with the continued protests in Washington over Congress’ threat to cut Social Security benefits on the eve of the new year. More than 500,000 senior citizens and their families remained camped out on the mall for a third consecutive day as the president and congressional leaders huddled to consider their next move. For now, there’s been no violence, but protest leaders say they want ironclad commitments before telling their gray troops to disperse. For more, here’s NBC’s Washington bureau chief, Lisa Myers.

Myers: Brian, the president and his top advisors spent another day behind closed doors, looking for ways to avert bigger waves of red ink brought on by the latest projected surge in Social Security and Medicare costs. A senior White House aide tells NBC News that an immediate cut in pension checks and even some health benefits is on the table, while other advisors are urging the president to enact a new federal sales tax to close the gap. None of the options are pretty, and from the look of top officials today, both parties fear seniors will retaliate at the polls next November, Brian.

Williams: Thanks, Lisa. Joining me now is the president of the American Association of Retired Persons, Susan Higgins. Ms. Higgins, your group has organized what experts are calling the biggest protest in American history. You’ve shut down the capital and gotten the nation’s attention. What will it take to end this standoff?

Higgins: Brian, from the start we’ve said that our only objective was to make sure the government honored its promise of a secure retirement. We need guarantees — not pretty words, and not more Washington talk about "complex circumstances," but a signed pledge backed up by public statements that let our 60 million members know they won’t lose a penny of what’s owed them.

Williams: What about critics who say you’re essentially holding the government hostage — and that your demands will leave Uncle Sam with little money for anything else?

Higgins: Brian, we view this as a matter of keeping promises made to seniors who counted on this money. You don’t pull the rug out after you make a promise.

Williams: For analysis of this volatile situation, we go now to our senior NBC news analyst and the man celebrating his 24th year as host of NBC’s "Meet the Press," Tim Russert. Tim, has there ever been anything like this?

Russert: Brian, what we’re witnessing is the exercise of raw political power the likes of which this town has never seen. Just look at the numbers. As recently as 10 years ago AARP had only 35 million members and was already considered an 800-pound gorilla. Well, with all of us baby boomers now hitting our golden years, AARP’s membership has surged toward 60 million. There’s no question the senior lobby carries the biggest stick in American politics. You saw it last year when Congress cut school funding another 20 percent to keep the gene-repairing prescription drugs program intact — even at a time when studies show that millions of kids in big cities can’t read or write. Last week the White House announced that the number of Americans with no health coverage has risen to a record 57 million, but the president has said the budget crisis means there’s nothing the feds can do about the situation.

Williams: Just 30 seconds before we need to go to a break, Tim. What should Americans watching tonight take away from this spectacle?

Russert: Brian, the one-thing officials have said to me over and over this week is that this crunch was entirely foreseeable. Former President Clinton told me she should have pushed harder on her "unfinished American agenda" from the start, instead of trying to broaden her political base to make bolder moves possible in a second term that never came. A top White House advisor told me we should have been revamping the "social contract" a decade ago so that we’d be facing the inevitable showdown between old-age entitlements and other social needs with basics like universal health coverage, decent schools and a living wage already viewed as a given by American voters. As things stand, experts say it’s hard to see how any of these other problems can get a hearing, maybe for decades, while the nation digests all these gray boomers. The refrain I keep hearing, Brian, is that "we should have been dealing with all of this much, much sooner. …"

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  The full retirement age today is 65 years and four months. It rises by two months every year, gradually increasing to age 67 for people born after 1959.
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