A new budget by a large and influential group of House Republicans calls for raising the Social Security retirement age for future retirees and restructuring Medicare.

For Social Security, the budget endorses “modest adjustments to the retirement age for future retirees to account for increases in life expectancy.” It calls for lowering benefits for the highest-earning beneficiaries. And it emphasizes that those ideas are not designed to take effect immediately: “The RSC Budget does not cut or delay retirement benefits for any senior in or near retirement.”

Biden has blasted Republican proposals for the retirement programs, promising that he will not cut benefits and instead proposing in his recent White House budget to cover the future shortfall by raising taxes on upper earners.

  • Signtist
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    3 months ago

    Republican voters will accept it wholeheartedly simply because a Republican suggested it. Then they’ll view themselves as heroes who made a huge sacrifice for the good of the country when really none of this needed to happen and the country’s just getting worse. Of course, when they actually get to retirement age they’ll be confused and angry as to why THEY can’t retire yet; after all, they’re heroes!