Advocacy

The House Commerce Committee is hearing testimony on HB562, a car title loan bill that would cap interest rates at 36%. AARP supports this bill and offers this testimony:

If the measure known as Chained CPI is adopted, $623,470,000 in cuts to New Hampshire’s Social Security COLA and veterans’ benefits would occur over the next ten years.

AARP Legislative Policy Director David Certner was in the Granite State in 2012 to deliver the keynote address, Financial Security and the Economy, at the New Hampshire Forum on the Future and offered the following on the importance of Social Security to New Hampshire families.

Granite Staters earn Social Security benefits through a lifetime of hard work. But the program is facing long-term financial challenges as the overall population ages and contributions aren’t keeping up with longer life expectancies. And while Medicare provides guaranteed affordable health care, the program’s challenges include rising health care costs and a growing number of people entering the program.