I know I might get flamed for pointing it out, but the GOP House
Study Committee proposing to raise Social Security age to 70 would be a 100 percent cut for people aged 65-70. What if those people can’t find a job in this world where few if any employers hire people in their 50s let alone mid-to-late 60s? How do they make ends meet till they’re 70? Not everybody was fortunate enough to get a government job that lets you retire in your 50d with a secure pension.
The whole idea of raising the Social Securitybage to 70 is to ensure that fewer people will ever get Social Security because they’ll die before they’re eligible
If the GOP doesn’t want the Dems running ads against the GOP on Social Security, GOP politicians need to stop proposing cuts in Social Security
Why don’t they cut foreign aid instead - starting with Ukraine?
Current full retirement age (FRA) is 70. One can currently begin at age 62 (if earning less than about 20k) and get 70% of their Full benefit. If FRA is extended to 70 years old then using a similar scale the full benefit will grow in smaller increments but it won't be zero at 65.
My job was physical labor. No way I could do it at 70
The GOP response to this should be that under Democrats everything has become very expensive, at the same time that people's savings/401Ks etc. are plummeting in value. But instead of fixing their mistakes, Democrats are doubling down on their mistakes, including giving money and broad benefits to illegals, sending billions to foreign governments, and helping Pharma make huge profits for making 'vaccines' that are marginally effective, and that are directed at a problem created as a consequence of government funding of dangerous research in China.
They should then emphasize that the number one priority of the GOP will be to put the economy back to the robust state it was in during the last Republican presidency, and restore the buying power, financial well-being, and security of the American people.
What was this House Study Committee proposing for people already on Social Security?
That they would have the benefits taken away and then reinstated at 70?
I’m almost 66; who’s going to hire me?
Why don’t they cut foreign aid instead - starting with Ukraine?And, or they can stop giving subsidies to EV manufacturers. One happens to be the richest man in the world as a result of subsidies by tax payers. Some taxpayers are subsidizing cars they can't afford, even if they wanted one.
+yes
It’s sickening how little the GOP cares about seniors.
I’m 66, going to retire at 67, and they float this crap now? I’ve paid into my SS for 50 years and I’ll be damned if they’re going to steal my hard-earned money.
We can give trillions to countries that hate us, trillions to wasteful defense programs, we and allow H1B tech workers and millions of illegal aliens into the country to steal jobs from the middle class, but they won’t give us seniors what we’ve spent our entire lives paying into??
Disgusting!