Category Archives: New Democrat
Jeb Bush is running on a platform to raise the retirement age for full Social Security benefits to 69 or 70. Other Republicans , except Mike Huckabee and Donald Trump, all seem to agree, with many also urging we move the minimum retirement age from 62 to 65. That single change would remove three years of benefits from early retirees, and at 70% of full benefits, would mean about $60,000 less payment to the average elderly couple.
Hillary wants a commission, just like the one in 1983, which unfortunately raised the retirement age from 65 to 67, and also reduced benefits for early retirees.
When asked in 2008 if she would agree to raise the FICA wage limit, so the rich paid more into Social Security, Hillary said: Continue reading →