Feinstein: “I am announcing today I will not run for reelection in 2024 but intend to accomplish as much for California as I can through the end of next year when my term ends.”

I’m not sure I’d advise the political strategy TPM Reader JA suggests here. But he does get at a point I alluded to this morning. Current beneficiaries aren’t safe in GOP plans either. On paper, this is what they claim. No cuts for anyone over, say, 55. But Social Security is an inter-generational compact. Once you tell younger workers they will get lower benefits for the same tax contribution, you weaken support for current beneficiaries. If you’re 30 today, how do you feel about working the next 35 years at the current tax rate to support current beneficiaries when your own benefits will be cut dramatically?

One of the interesting things that never gets discussed in debates about Social Security (and Medicare) and cutting benefits for people below a certain age threshold is how maintaining higher benefits is likely not sustainable for the older beneficiaries either, unless the cuts are limited to raising the age thresholds. 

With Republicans telling us, collectively, “Who are you going to believe? Us or your lyin’ eyes?” the work of de-bamboozling is never done. Don’t thank me now. Just remember to sign up to become a member.

As we noted earlier, Republicans are now aghast that anyone would be claiming they want to cut Social Security. But last year the Republican Study Committee — a House caucus which includes about 75% of all House Republicans — released a proposed 2023 budget which included basically every kind of Social Security cut on offer.

Now you can get Morning Memo via email and never miss it again. Sign up here:

This morning we get another reminder that Mike Pence is no hero.

Pence clearly doesn’t want to confront Donald Trump in any kind of sustained way in order to preserve his own political viability — and it leads to laughable contradictions.

I want to expand briefly on a point I alluded to in Morning Memo.

Alternate headline: Florida State GOPers Are Legislating DeSantis’ 2024 Bid Into Existence

As I was editing my colleague Kaila Philo’s piece here today on the College Board’s biting response to the DeSantis administration’s “PR stunt,” this bit struck me:

“They provided these AP courses for a long time, but you know, there are probably some other vendors who may be able to do that job as good or even a lot better,” the governor said at a news conference in Naples, Florida. He also said that he’s spoken with Florida House Speaker Paul Renner about potential legislation to “re-evaluate how Florida’s doing that.”