MAINE SENIOR REPORT   

October 2008

 

An Information Service of the

Maine Council of Senior Citizens –
Alliance for Retired Americans

 

 

 CANDIDATES FIGHT FOR
    CRUCIAL SENIOR VOTE



FROM THE DESK OF JOHN CARR


As this is written the national election is moving into its final weeks. Obama is moving steadily ahead but much could still happen before the final vote Tuesday November 4. Obama is hugely ahead of McCain with the “youth vote” but McCain still leads and is struggling to hold onto his lead with the “senior vote”. As we have outlined in previous Senior Alerts, seniors have already been especially hard hit by the on-going, world-wide financial crisis and there is no end in sight. The senior vote could well make the difference in who becomes the next President of the United States. That person and his policies will heavily impact the future of the nation and of all seniors for many years to come.

The record on senior issues is clear. I can only urge all seniors not only to be sure and vote and to urge their friends and family to vote, but also to be fully aware of where the candidates stand and what they have done and what they plan to do before casting a vote. There is a saying, “Talk is cheap.” As we vote to forge the future of the nation, it is important to go beyond the talk and look at the record look at the votes of the candidates before we ourselves vote.

In Senior Solidarity,

John Carr

A Race for the Senior Vote

 

Now the presidential election is becoming a race for the senior vote. 

Seniors represent a critical voting bloc in states that Senator McCain has to hold onto to win the election – including Florida, Ohio, and Indiana – and that have been moving toward Senator Obama. Senior citizens are also crucial in blue states such as Wisconsin and Pennsylvania, where Obama now has double-digit leads.

Older Americans have the highest turnout rate of any age group — 69 percent in the 2004 election. And they wield clout in tight contests because a number of the swing states, like Florida, Ohio and Pennsylvania, have a lot of older residents. Older Americans supported Democrats Bill Clinton in 1992 and 1996 and Al Gore in 2000. But by 2004, seniors favored President Bush.

Bush Ratings Hit Bottom

But with the Bush ratings now in the sewer, this senior vote may go Democratic again. Bush's influence is palpable in several surveys: 84 percent of Americans say the country is on the wrong track. Only 23 percent approve of the way he's handling his job, less than the level of support for Richard Nixon before he resigned in 1974.

In Florida, Obama is up by an average of five points – by no means an insurmountable lead, but if  McCain loses Florida many observers believe, he loses the election. In a direct appeal to the older generation, Obama has proposed eliminating federal income taxes for adults over 65 earning less than $50,000 a year.

 

In Pennsylvania, another key state with a large population of seniors, Obama now enjoys a solid double-digit lead. And the fact that McCain is doubling down on winning the support of seniors is a sign that he’s waging a battle in his own backyard.

“If McCain is fighting to win seniors, he’s fighting in an area he should have already put away decisively,” says Terry Madonna, director of the Franklin and Marshall College Poll, based in Lancaster, Pa.

Nothing “In the Bag”

But the senior vote is by no means “in the bag” for either candidate. Older people, who make up 24 percent of the electorate, are “called senior citizens ... for a reason,” said Robert Binstock, a professor of aging, health and society at Case Western Reserve University. “They register to vote. They volunteer ... and they cast ballots.”

In fact, one of the reasons the presidential race is so competitive this year is that Republican John McCain’s double-digit lead with seniors has helped offset Democrat Barack Obama’s popularity with young voters, analysts say.

With less than two months until Election Day, the challenge for McCain will be to hold on to the senior vote. He has a 13-point lead among voters 65 and older in a Associated Press poll. For Obama the task will be to convince seniors that he has the experience.

Hard Times Ahead

The drive for the senior vote comes against a steadily declining economic picture. The U.S. has lost 760,000 jobs in the first nine months of the year and the jobless rate was unchanged at a five-year high of 6.1 percent in September. Since the nation needs to add 150,000 jobs a month just to keep even with increased population, we are now down more than 2 million jobs this year.

Congress passed a $700 billion bank rescue package this month to thaw credit markets frozen by mounting losses on mortgage-backed securities. The plan will include direct cash infusions, government purchases of preferred stock in the nation's biggest banks, and guarantees on new debt. But the stock market, after suffering a massive decline, continued an erratic up/down pattern into October.

 

More than three-quarters of Americans say the U.S. faces a ``serious economic crisis,'' and most voters trust Barack Obama to fix it. Almost seven of 10 voters identify the economy as the top priority for the presidential candidates. Of the 77 percent of voters who foresee a serious crisis for the economy, 55 percent favor Obama for president, while 35 percent side with McCain.

 

 

Expect More Bush Policies

Obama leads Republican presidential nominee John McCain 50 percent to 41 percent among likely voters, a Bloomberg/Los Angeles Times poll shows. That's more than double Obama's advantage from a month ago. More than half of voters in the poll say they think McCain will continue Bush's policies.


McCain's running mate, Alaska Governor Sarah Palin, doesn't fare as well. Almost half the respondents say Palin is unqualified to be president. And voters who say Palin makes them less likely to support McCain outnumber those who say she makes them more likely to back the Republican.

 

Democratic vice presidential nominee Joe Biden gets more favorable ratings from voters, and three out of four say the Delaware senator is qualified to be president.

But the McCain desperate battle-ground state push to hang onto the senior vote may well be in vain as more and more seniors become aware of the McCain votes and statements on key senior issues.

Cut Medicare $1.3 Trillion

In the Wall Street Journal, the McCain folks pivot from Herbert Hoover to Newt Gingrich. Top economic advisor Douglas Holz-Eakin says that McCain would cut $1.3 trillion from Medicare and Medicaid over the next decade to keep McCain's health plan "budget neutral."


The Obama campaign seized on the Wall Street Journal report that cited independent analysts as estimating the Republican's policies would cut 1.3 trillion dollars over 10 years from Medicare and Medicaid.

 

"This plan would be a disaster. It would dramatically reduce the quality of health care for older Americans and the poorest and sickest of Americans," said Bob Graham, a former Florida senator and ex-governor.

 

"This also is a plan which would undercut substantially the fundamental employer-based health care system on which most Americans rely today," he said.

Facing 22 Percent Cuts

Financing Senator John McCain’s health plan through $1.3 trillion in cuts to Medicare and Medicaid over 10 years would be a 22% cut in both programs. The Center for American Progress said cuts of this magnitude would eliminate the Medicare prescription drug benefit for 10.2 million low-income seniors.  “These reports pull back the curtain on the McCain health care plan, showing us that it would be paid for on the back of millions of retirees.  This is terrible news for our nation’s seniors, who in this time of economic anxiety, are already struggling to make ends meet,” said ARA Executive Director Edward F. Coyle.

According to the Associated Press, the Wall Street turmoil has left John McCain scrambling to explain why the fundamentals of the U.S. economy remain, in his opinion, strong.  It has also left him “defending his support for privately investing Social Security money in the same markets that had tanked earlier in the week.”  The Republican presidential nominee says all options must be considered to stave off insolvency for Social Security, and top McCain advisers say that includes so-called personal retirement accounts like those President Bush pushed in 2005 but abandoned in the face of Democratic opposition.  “If the economy’s recent struggles have proven anything to Americans, it is that ‘personal retirement accounts’ like the ones President Bush attempted and failed to institute in 2005 are unsafe and unreliable for our country’s seniors.

Top Adviser Opposes Social Security

Americans United for Change, a group that the ARA joined in thwarting President Bush's efforts to privatize Social Security in 2005, has warned the nation that Sen. McCain has hired Martin Feldstein as his economic adviser.  Feldstein is the father of the misguided proposal to privatize Social Security.  In 2005, The San Francisco Chronicle quoted Feldstein as saying, "I've always been opposed to Social Security.  I think it's a very unethical program."  Ruben Burks, Secretary-Treasurer of the Alliance, said, "Such quotes echo John McCain's recent statements on Social Security, in which he called the system 'an absolute disgrace.'  Many seniors would have lost thousands in the stock market in recent years if privatization had been in effect."

McCain has spent the campaign season giving mixed messages on Social Security, the nation’s most successful social safety net, but the record is clear: He has supported privatizing Social Security. He’s voted in the Senate for privatizing this crucial retirement program and he campaigned alongside George Bush  

Retirees Less Secure

In
public appearances, McCain has denied he would privatize Social Security—yet he also expressed support for the idea in a Wall Street Journal interview earlier this year.  Privatizing Social Security would fundamentally undermine the program, removing  guaranteed benefits for retirees and people with disabilities. It wouldn’t help protect the program’s solvency.Scott Watts, president of the Nevada Alliance for Retired Americans, said McCain’s views on Social Security would leave retirees less secure.


Senator McCain continues to support President Bush’s plan to privatize Social Security.  This would create Social Security accounts tied to the roller coaster of Wall Street.  With all the turbulence in the stock market, and the rising prices of gas, groceries and health care, this is a gamble few retirees can afford to take.

 

Privatization would hit the next wave of retirees as well – those currently in their mid-to-late 50s – particularly hard, as the massive amount of borrowing needed to create these private accounts would drain the Social Security Trust Fund and reduce benefits just as they approach retirement.

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Read the Record - Know the Record

McCain Voted for Bush’s 2006 Social Security Privatization Plan.
In 2006, McCain voted for the Social Security Reserve Fund. The proposal would shift Social Security’s annual surpluses into a reserve account that would be converted into risky private accounts. [SCR 83, Vote #68, 3/16/06; SCR 83, Vote #68, 3/16/06]

In 2000 McCain Wanted to Divert Social Security Money to Private Accounts. The Wall Street Journal reported that “[a] centerpiece of a McCain presidential bid in 2000 was a plan to divert a portion of Social Security payroll taxes to fund private accounts, much as President Bush proposed unsuccessfully.” The plan would put workers’ retirement money into the risky market and reduce the amount of Social Security payments they would receive from the government. The plan would undermine the Social Security system. [Wall Street Journal, 3/3/08]

McCain STILL Proposes Privatizing Social Security—Despite What His Website Says. McCain told the Wall Street Journal he still backs a system of private retirement accounts that he supported in 2000 and President Bush pushed unsuccessfully. The Journal reported he “disowned” details of a proposal on his 2008 campaign website that says he would “supplement” the existing Social Security system with personally managed accounts. But when asked about the position change he denied it and promised to change the website to reflect his true position. “I’m totally in favor of personal savings accounts… As part of Social Security reform, I believe that private savings accounts are a part of it—along the lines  that President Bush proposed,” McCain told the Journal.[Wall Street Journal, 3/3/08; Campaign Website, accessed 3/3/08]

McCain Might Raise the Retirement Age and Reduce Cost-of-Living Adjustments. “[T]he McCain campaign says the candidate intends to keep Social Security solvent by reducing the growth in benefits over the coming decades to match projected growth in payroll tax revenues. Among the options are extending the retirement age to 68 and reducing cost-of-living adjustments, but the campaign hasn’t made any final decisions. ‘You can’t keep promises made to retirees,’ said Mr. Holtz-Eakin, McCain’s chief economic aide.” [Wall Street Journal, 3/3/08]

McCain Supported Deep Cuts That Put Social Security Benefits at Risk. In 2005, McCain supported a Social Security plan that would require deep benefit cuts or a massive increase in debt. That same year, McCain voted against prioritizing Social Security solvency over tax cuts for the wealthy. [SCR 18, Vote #49, 3/15/05; S. Amdt. 144 to SCR 18, Vote #47, 3/15/05]

McCain Voted to Use Social Security Money to Pay Off National Debt. In 2003, McCain voted to use Social Security funds to pay off federal debt. [HJR 51, Vote #201, 5/23/03]

McCain Voted Against Protecting Social Security Solvency with a Strategic Reserve. In 2001, McCain opposed reducing tax cuts for the wealthy to create a strategic reserve for Social Security. In the same year, McCain voted against a proposal to create “lockboxes” to protect Social Security and Medicare. [H.R. 1836, Senate RPC, Vote #145, 5/22/01; S. Amdt. 29, Vote #22, 3/13/01]

McCain Voted to Replace Social Security with Risk-Based Investments. In 1998, McCain voted twice to replace Social Security’s guaranteed benefits with income from risk-based private investments. [SCR 86, Vote #56, 4/1/98; SCR 86, Vote #77, 4/1/98]

McCAIN ATTACKED MEDICARE

McCain Voted to Cut Billions from Medicare. McCain voted for the budget reconciliation bill that reduced spending on Medicare by $6.4 billion by requiring that beneficiariespurchase medical equipment and cutting payments to home health care providers. [S. 1932, Vote #363, 12/21/05; Congressional Quarterly, 12/26/05]

McCain Missed Critical Vote to Bargain for Lower Prescription Drug Prices for Seniors. McCain missed a vote to amend Medicare Part D so Medicare could negotiate lower prices for prescription drugs, just like the Department of Veterans Affairs does. Prices for prescription drugs under Medicare Part D are 50 percent higher than those for veterans because the VA can bargain. [S. 3, Vote #132, 4/18/07; New York Times, 4/19/07; Families USA, 1/07]

McCain Voted for Steep Increases in Seniors’ Medicare Premiums. McCain voted against protecting seniors from steep increases in their Medicare Part B premiums. Seniors faced the premium increase because Congress increased Medicare payments to physicians but failed to enact savings from Medicare payments to private health plans. [S. 1932, Vote #287, 11/3/05]

McCain Voted to Raise Medicare Eligibility Age. In 1997, McCain voted to support provisions that would increase the age for Medicare eligibility from 65 to 67 and impose a new $5 co-payment for home health care visits. [S. 947, Vote #112, 6/24/97; S. Amdt. 445, Vote #115, 6/25/97]

OBAMA WOULD PROTECT RETIREMENT SECURITY

Barack Obama wants to strengthen Social Security and block attempts to privatize it. He has fought against cuts in Social Security and Medicare and worked to lower prescription drug prices for seniors.

Obama Says He Will NOT Cut Benefits or Raise Retirement Age. Obama wrote, “I do not want to cut benefi ts or raise the retirement age. I believe there are a number of ways we can make Social Security solvent that do not involve placing these added burdens on our seniors.” (Quad-City Times, 9/21/07)

Obama Opposed Deep Cuts to Social Security Benefits. Obama opposed a Social Security plan that would require deep benefi t cuts or a massive increase in debt. That same year, Obama supported legislation to prioritize Social Security solvency over tax cuts for the wealthy. (S.C.R. 18, Vote 49, 3/15/05; S.Amdt. 144 to S.C.R. 18, Vote 47, 3/15/05)

Obama Proposes Raising the Cutoff on Social Security Tax to Maintain Solvency. “Currently, the Social Security payroll tax applies to only the fi rst $102,000 a worker makes. Obama supports increasing the maximum amount of earnings covered by Social Security” to keep it solvent for the future. (Obama for America)

Obama Opposed Steep Increases in Seniors’ Medicare Premiums. Obama voted to protect seniors from steep increases in their Medicare Part B premiums, which they faced because Congress increased Medicare payments to physicians but failed to enact savings from Medicare payments to private health plans. (S. 1932, Vote 287, 11/3/05)

Obama: Eliminate Income Taxes for Seniors Earning Less Than $50,000; Seniors Bear Unfair Tax Burden. Obama proposes tax relief for seniors. He wrote, “My plan will eliminate income taxes for about 7 million seniors making less than $50,000 a year…. Th is tax cut is needed especially because since 1993 seniors have been bearing an unfair tax burden.” (Quad-City Times, 9/21/07)

Obama Voted to Allow Medicare to Negotiate Lower Drug Prices for Senior Citizens. Obama voted to allow Medicare to negotiate with the drug makers for lower prices for senior citizens. Republicans fi libustered the bill. (S. 3, Vote 132, 4/18/07)

BARACK OBAMA: HEALTH CARE FOR ALL

Barack Obama has a plan to expand coverage, lower costs, improve care and ensure that no one could be denied care because of a pre-existing condition or illness.

HIS PROPOSALS

Time for Affordable Health Care. Obama says, “My plan begins by covering every American. If you already have health insurance, the only thing that will change for you under this plan is that the amount of money you will spend on premiums will be less.…If you are one of 45 million Americans who don’t have health insurance, you will after this plan becomes law.” (Newsday, 5/29/07; Barack Obama speech in Iowa City, Iowa, 5/29/07)

Obama Says He’ll Improve Care, Lower Costs. Obama’s plans “include tackling medical inflation and spiraling health care costs, developing new mechanisms to extend portable, affordable coverage and reforming health care delivery so that it emphasizes prevention and efficiency.” (Campaign website)

Obama Plans to Cover the Uninsured. Obama proposes to make a public health plan available nationwide for the uninsured, self-employed and small businesses, giving them access to benefits similar to those available to members of Congress. Key features would be guaranteed eligibility; affordable premiums, co-pays and deductibles; and quality care standards. (Obama for America)

HIS RECORD

Obama Supported Reauthorizing SCHIP and Providing Insurance for Millions of Uninsured Children. Obama voted to reauthorize the State Children’s Health Insurance Program (SCHIP) for five years, providing an additional $35.2 billion for the program. He also voted for the budget resolution that would have authorized $50 billion to expand the program as well as $9.5 billion for increases in programs such as No Child Left Behind, Pell Grants, the Individuals with Disabilities Education Act and essential funding for veterans health care. (H.R. 976, Vote 307, 8/2/07; S.Con.Res. 21, Vote 172, 5/17/07)

Obama Voted to Allow Importation of Affordable Prescriptions Drugs from Other Countries. Obama voted to allow senior citizens to import less expensive prescription drugs from other countries, specifically Canada. (S.Amdt. 990 to S. 1082, Vote 150, 5/3/07)

Obama Opposed Giving Insurance Companies Authority to Determine Coverage and Costs. Obama voted against giving insurance companies authority to determine health care coverage and costs, including the power to eliminate consumer protections that are now required under existing state laws, such as cancer screenings and well-child visits. The bill would have resulted in higher premiums for people who need health care the most, such as older workers. (S. 1955, Vote 119, 5/11/06)

Obama Voted Against Cutting Medicaid Funding. Obama voted against a $14 billion, five-year funding cut for Medicaid. The cuts would have resulted in more uninsured and uncompensated care, shifting the burden to employer-sponsored health plans. (S.Amdt. 204 to S.Con.Res. 18, Vote 58, 3/17/05)

Obama Expanded Health Care Coverage for Low-Income Families. When he was a state senator in Illinois, Obama’s bill expanded income eligibility for KidCare and FamilyCare, the state health insurance programs for low-income families. (Public Act 93-0063, 6/30/03)

Obama Opposed Steep Increases in Seniors’ Medicare Premiums. Obama voted to protect seniors from steep increases in Medicare Part B premiums. Seniors faced the increase because Congress increased Medicare payments to physicians but failed to enact savings from Medicare payments to private health plans. (S. 1932, Vote 287, 11/3/05)

Obama Voted to Allow Medicare to Negotiate Lower Drug Prices for Senior Citizens. Obama voted to allow Medicare to negotiate with drug makers for lower prices for senior citizens. Republicans filibustered the bill. (S. 3, Vote 132, 4/18/07)

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DON'T FORGET!  MONTHLY MEETINGS EVERY
 3RD TUESDAY OF THE MONTH

9:30 AM   71 State Street, Augusta (MSEA/SEIU building)
NEXT MEETING - Tuesday, Oct 21, 2008
NEW OFFICE ADDRESS:
Maine Council of Senior Citizens/ARA/ARA, PO Box 1591, Waterville, ME 04903
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Editor

Ed Schlick