Republicans Want to Raise Retirement Age to 70 as Life Expectancy Is Falling

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Republicans Want to Raise Retirement Age to 70 as Life Expectancy Is Falling
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This would shorten the retirement window to a mere six years, if the latest life expectancy average holds.

an extremely effective anti-poverty program, and, importantly, helps millions of Americans afford medical care that would otherwise be out of reach.

“We have no choice but to make hard decisions,” said Rep. Kevin Hern , who leads the Republican Study Committee, the largest House GOP caucusDemocratic lawmakers have said that Republicans are focusing on Social Security solvency because they think cutting the program under President Joe Biden could hurt Democrats.

If they were truly worried about the funding of the program and maintaining its anti-poverty effects, Republicans could support efforts to make it so that the rich pay an equal share of their income into Social Security as the working class does, for instance; a proposal to “scrap the cap” at which people’s incomes are taxed for the program would fully fund the program until 2096, while also upping payments by $2,400 a year.the Medicare eligibility age to 60 or even 55, which would provide tens of millions of people with easier access to health care.

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