Steal from Medicare?
The “compromise” that was agreed to in the U.S. Senate to get the votes needed to pass Fast Track legislation for the Trans Pacific Partnership free trade agreement involved a raid on the Medicare Trust Fund. Included in the Fast Track legislation was funding for the Trade Adjustment Assistance (TAA) program. This is the program that is supposed to assist workers who lose their jobs because of trade agreements. Seven hundred million dollars will be taken from the Medicare Trust Fund to pay for the TAA “compromise.” The Fast Track legislation is now in the House. Rep. Dave Reichert is one of the leading proponents for funding TAA as part of the Fast Track legislation by using dollars from the Medicare Trust Fund. The raid of the Medicare Trust Fund is another good reason to let our representatives hear from us.