Social Security and Medicaid are two of the most significant social safety net programs in the United States. Social Security provides retirement, disability, and survivor benefits to millions, while Medicaid ensures healthcare access for low-income individuals, seniors, and disabled persons. The recent cuts to Medicaid and the looming threat to Social Security raise serious concerns about their impact on individuals, families, and the broader economy.

1. The State of Retirement Security in the U.S.

Retirement in America is already highly income-dependent, with access to savings and pension plans largely determined by job type and salary. 401(k) Access by Education and Income Level Overall, about 57% of Americans have a 401(k) or similar retirement plan through their employer. Only 30-40% of workers without a college degree have a 401(k), compared to 65-75% of college graduates. Many low-income and hourly workers do not have access to retirement savings plans, making them more reliant on Social Security.