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.

  • @Zugyuk
    link
    83 months ago

    It’s a pity we have three battleships and no moneys. I want no battleship and three moneys

    • Semi-Hemi-Lemmygod
      link
      English
      23 months ago

      I’d accept one battleship and two moneys if I get to ride on the battleship