A proposal by Sens. Angus King (I-ME) and Bill Cassidy (R-LA) to raise the Social Security retirement age to 70 would be a massive benefit cut, particularly affecting low-wage workers. If Congress enacts it, millions more Social Security taxpayers would not live long enough to collect a cent in retirement benefits.
Raising Social Security’s retirement age would slam low-wage workers yet again
Related:
Social Security Solvency: Raised Retirement Age More Likely as Congress Fails to Compromise
An obscure provision of a 1996 law makes the Social Security trust fund vulnerable
The government may stop issuing Social Security payments after the debt limit is hit — here’s why (archived)
Related:
Forward Party: What do you need to know about the new third political party created by Andrew Yang?
Rather than something new, the party is attempting to reach a previous Republican electorate that existed before Donald Trump took control of the party.
Opinion: Most third parties have failed. Here’s why ours won’t.
The People’s Party has their own problems, as well.
Biden nominated Andrew Biggs, a think tank denizen with a history of slamming Social Security, to oversee government retirement benefits for 66 million Americans.
Biden Taps Anti-Social Security Ideologue To Oversee Program
Ms. Cat’s Chronicles 