The Golden District

Disaster Preparation

A "Golden District" is a strategic district model built around seven key pillars designed to ensure maximum community security and self-sufficiency in the event of a major crisis or breakdown. They share resources with neighboring districts as needed.

What Are Social Security and Medicare?

And Why Are Americans So Worried About Their Collapse?

SOCIAL SECURITY

Social Security – Created in 1935 under President Franklin D. Roosevelt’s New Deal

Social Security was established to provide retirement, disability, and survivor benefits to working Americans and their families. The program is funded by a payroll tax: workers contribute 6.2% of their wages, and employers match that with another 6.2%.

The idea was to build a safety net that the American people could depend on. Surpluses collected over time were invested in U.S. Treasury securities, allowing the government to borrow the funds for other federal expenditures. As of 2023, the Trust Fund holds over $2.7 trillion in these bonds.

This system, though legal, created a long-term liability. Congress repeatedly failed to replenish those borrowed funds. As a result, today’s workers are paying for today’s retirees, rather than accumulating their own future benefits. Without reform, Social Security is projected to run a shortfall by 2033. At that point, only about 77% of scheduled benefits will be payable, putting the security of millions of Americans in jeopardy.

If we allow the system to collapse after getting generations of Americans dependent on it, the result will be not just financial hardship—but political and societal unrest. Reform is urgent.

MEDICARE

Medicare – Created in 1965 under President Lyndon B. Johnson’s Great Society

Medicare provides health insurance to seniors over the age of 65 and certain individuals with disabilities. It is funded through a 1.45% payroll tax from workers and a matching 1.45% from employers. High earners pay an additional surtax.

Medicare is under intense pressure. Rising healthcare costs, increased usage, and an aging population have pushed the system toward insolvency. The Medicare Hospital Insurance Trust Fund (Part A) is projected to run out of funds by 2031. At that point, the program will not be able to fully cover hospital services unless Congress acts.

While Medicare won’t disappear entirely, it will no longer be able to pay full benefits. That means fewer services, higher costs for seniors, or both.

Medicare is even harder to fix than Social Security. Health care inflation is outpacing economic growth. More people are using more services. The workforce paying into the system is shrinking. If we don't act now, the consequences will be devastating—particularly for the most vulnerable.

Why We Need Immediate Reform?

By 2035, Social Security will be able to pay only 77% of promised benefits. Medicare will begin facing shortages by 2031.
If reforms are delayed until 2030, there will not be enough time to pass a meaningful solution before the system begins to fail. Major reform must begin in the first quarter of 2027.
Once seniors begin experiencing benefit cuts, the American workforce will lose confidence in the tax system. People will question why they are paying into a system that no longer delivers. Tax compliance will fall, revenue will shrink, and the crisis will worsen.

Why Are These Programs in Crisis?

First, Congress borrowed Social Security surpluses to fund unrelated government spending and failed to repay the funds during economic downturns. Now, future benefits rely heavily on current payroll taxes. The design is unsustainable.

Second, no serious reform has taken place since 1983. Politicians fear the political consequences of addressing the issue and keep kicking the can down the road. Proposals like raising the retirement age, increasing payroll taxes, or expanding audits of self-employed workers have been avoided for decades.

Third, the number of workers supporting each retiree has collapsed. In the early years, many workers supported each retiree. Today, just a few workers fund the benefits of each retiree—and that number is falling.

Fourth, Americans are living longer. When Social Security was created, most people didn’t live long past retirement. Now, many Americans rely on benefits for 20 to 30 years.

Fifth, wages have stagnated while the cost of living has surged. More workers are shifting to independent contractor jobs and underreporting income. This shrinks the payroll tax base that supports these programs.

Sixth, Medicare’s financial pressure is extreme. Healthcare inflation, waste, fraud, and high per-person costs continue to push the system closer to insolvency.

The Path Forward

This legislation will not only save Social Security and Medicare from collapse—it will secure them for the long term. It will ensure that future generations can count on retirement and healthcare benefits, without crushing tax burdens or unsustainable borrowing.

We have spent five years of our lives and millions of dollars trying to identify every path forward—including the harsh reality of letting these programs fail. After all of that, I can say without hesitation: there is a way to save both programs.

But we must act now.

This is the Primary Reason we started the New Day Coalition,

– Matt Day
Candidate for United States Senate, Georgia

___________________________________________________________________

Authors of the Bill: New Day Coalition and various Citizen Co-Authors

Introducing The American Elder Bill

IN THE 120TH CONGRESS OF THE UNITED STATES

Mr. Chuck Hand (for himself) will Introduce the following bill; which will read twice and referred to the Committee on Finance.

IN THE SENATE OF THE UNITED STATES

Mr. Matt Day (for himself) will Introduce the following bill; which will read twice and referred to the Committee on Finance.

Why We need this BILL:

To secure and strengthen the Social Security and Medicare programs for current and future generations of Americans, to expand benefits for seniors, ensure long-term solvency, and enhance protections against waste, fraud, and abuse.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the "American Elder Bill of 2027" or "Golden Dignity Act of 2027".

SEC. 2. DEFINITIONS.

For purposes of this Act:

"Senior Citizen" means any individual aged 62 or older who is a United States citizen. (This Bill will not include permanent residents, only citizens.)
"Primary Residence" means the principal place of residence owned and occupied by the senior.
"Low-Income Senior" means any senior with an adjusted gross income of less than $75,000 annually.
"CPI-E" refers to the Consumer Price Index for the Elderly, as published by the Bureau of Labor Statistics.

SEC. 3. HOW TO SAVE SOCIAL SECURITY AND MEDICARE.

(a) The U.S. Treasury Security will have no choice but to pay back $2..7 Trillion back to the Social Security Trust from 2028-2032 in monthly payments, allocated by these possible payments :

I) Trade Tariffs from Nations Importing to the United States

II) Arms Deal in Exchange for Mineral Rights in Ukraine

III) Arms Deal in Exchange for Technology Rights in Taiwan

IV) Pay-to-Stay Plan for Undocumented Workers

V) American Technology (Internet Insurance Fund)

VI) American Technolgy (New 1099 Tax System Admin Fees)

VII) More Immigrants coming Into Pay Taxes but not receive Elder Care Benefits

PROPERTY TAX RELIEF FOR SENIORS.

(a) States and Counties shall implement a permanent property tax exemption equal to no more than $500,000 of assessed value on a senior citizen’s primary residence.

(b) The Secretary of the Treasury shall establish a reimbursement program for states participating in the exemption under subsection (a), ensuring full federal offset of lost revenues for qualifying states.

SEC. 4. FEDERAL TAX EXEMPTIONS.

(a) Prescription Medication Tax Exemption. Notwithstanding any other provision of law, no federal, state, or local sales tax may be levied on prescribed medications for individuals aged 65 or older.

(b) Grocery Tax Exemption. Seniors shall be eligible for a federal-issued Senior Grocery Tax Relief Card which exempts all food and grocery items from sales taxation under state or federal jurisdictions.

(c) Senior Income Tax Exemption. Income earned by a senior citizen not exceeding $75,000 annually shall be exempt from federal income taxation.

SEC. 5. MEDICARE EXPANSION.

(a) The Social Security Act is amended to extend Medicare Part B and D to cover:

Routine dental services;
Vision care including annual exams and corrective lenses;
Hearing assessments and hearing aid devices.

(b) The Secretary of Health and Human Services shall fund and deploy mobile healthcare clinics targeting rural senior populations, under a new Medicare subsection (Part E – Mobile and Community-Based Care).

SEC. 6. PROTECTION AGAINST FRAUD AND EXPLOITATION.

(a) Any person found guilty of fraud, theft, deception, or financial exploitation targeting one or more senior citizens shall be subject to:

Double the maximum federal civil penalties currently in force;
Enhanced criminal sentencing guidelines under federal sentencing standards.

(b) The Attorney General shall establish a joint Elder Protection and Prosecution Task Force, consisting of representatives from the DOJ, FTC, and relevant agencies.

SEC. 7. AGING IN PLACE AND FAMILY CAREGIVER SUPPORT.

(a) A refundable federal tax credit of up to $10,000 shall be made available for:

Home modifications for accessibility;
Safety improvements including ramps, handrails, and retrofitted bathrooms;
Technology that supports remote care and monitoring.

(b) The Department of Health and Human Services shall implement a Family Caregiver Assistance Grant Program providing:

Monthly stipends to family caregivers;
Paid respite services;
Training and support materials.

SEC. 8. COMBATTING ISOLATION AND MENTAL DECLINE.

(a) Establish a Senior Connection Corps through the Corporation for National and Community Service to:

Recruit and match volunteers with isolated seniors;
Promote mental health check-ins, basic welfare assessments, and companionship.

SEC. 9. PROTECTING SOCIAL SECURITY SOLVENCY.

(a) Section 230 of the Social Security Act (42 U.S.C. 430) is amended to eliminate the annual wage cap on payroll tax contributions.

(b) Revenues raised through subsection (a) shall be allocated as follows:

50% to the Social Security Trust Fund;
50% toward benefit increases for low-income seniors.

SEC. 10. IMPLEMENTATION AND FUNDING.

(a) The Department of the Treasury, the Department of Health and Human Services, and the Social Security Administration shall issue implementing regulations no later than 12 months after the date of enactment.

(b) There are hereby authorized to be appropriated $92 billion over a 10-year period to carry out this Act, offset in part by increased fraud collections and tax equity provisions under Section 9.

SEC. 11. EFFECTIVE DATE.

This Act shall take effect 90 days after the date of its enactment.