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Yo_Mama_Been_Loggin

(115,966 posts)
Wed Dec 11, 2024, 06:20 PM 6 hrs ago

Republican Suggests Pushing Back Retirement Age in US

Republican Congressman Mark Alford has touted raising the retirement age to help cut federal government costs.

Speaking on Fox News, the Missouri representative said GOP members had recently sat down with Elon Musk and Vivek Ramaswamy, who will head up the unofficial Department of Government Efficiency [DOGE] under Donald Trump, beginning in January, to explore ways "to cut our budget."

"I think there's a way, when people are living longer, they're retiring later, then on the front end, we can move that retirement age back a little bit," Alford said. The current full retirement age is 67 for those born in 1960 or later, and is the earliest age at which workers can begin getting Social Security benefits without any financial penalty for claiming early.

Alford said the "$36 trillion" national debt and its interest payments is "unsustainable," with a whittling down of government spending required to "right the ship."

https://www.msn.com/en-us/money/retirement/republican-suggests-pushing-back-retirement-age-in-us/ar-AA1vF7yo

Make billionaires pay their fair share asshole.

16 replies = new reply since forum marked as read
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Republican Suggests Pushing Back Retirement Age in US (Original Post) Yo_Mama_Been_Loggin 6 hrs ago OP
Cut the crap. Raise the Cap... FalloutShelter 6 hrs ago #1
Absolutely Rebl2 6 hrs ago #2
Ok, there is a new bumper sticker, flag and any other thing we can wave, pass out, stick on poles and a kennedy 6 hrs ago #4
Absolutely Picaro 4 hrs ago #9
We are so screwed... I am old & so disappointed in people right now. NotHardly 3 hrs ago #14
Congratulations Fools Thrill 6 hrs ago #3
If our interest debt is" unstainable" stop fucking giving billionaires tax breaks they don't need and some have not Jit423 6 hrs ago #5
"We" need to cut spending to give tax breaks to the rich. (n/t) DJ Synikus Makisimus 6 hrs ago #6
Except life expectancy is going down?!?!? Coventina 6 hrs ago #7
Right. Life Expectancy dropped suddenly & significantly in 2020 due to COVID Wiz Imp 4 hrs ago #11
It depends on how rich you are. markodochartaigh 3 hrs ago #16
Lift the earning cap. Social security is solvent forever. onecaliberal 4 hrs ago #8
No lawmaker should be 'sitting down' GenThePerservering 4 hrs ago #10
Definitely. I am dating one and he knows cpamomfromtexas 3 hrs ago #12
Retiring workers The Wizard 3 hrs ago #13
How about we push their's up IbogaProject 3 hrs ago #15

a kennedy

(32,234 posts)
4. Ok, there is a new bumper sticker, flag and any other thing we can wave, pass out, stick on poles and
Wed Dec 11, 2024, 06:25 PM
6 hrs ago

just get out there for this to be the Nation’s battle cry….. LOVE IT. “Cut the cap, raise the cap”. Love it.

Picaro

(1,834 posts)
9. Absolutely
Wed Dec 11, 2024, 08:31 PM
4 hrs ago

Eliminate the earnings cap on SS payroll taxes. That immediately gets rid of the funding issue.

Then stop letting these cynical motherfuckers conflate the deficit and anything having to do with Medicare and Social Security.

Then point out why the deficit is where it is today.

It is almost completely due to Reagan’s tax cuts, Bush Jrs tax cuts, and Trump’s tax cuts.

These were tax cuts no one needed, but many greed heads wanted.

We need to take back the narrative. Right now the other side owns the language and the narrative.

Jit423

(380 posts)
5. If our interest debt is" unstainable" stop fucking giving billionaires tax breaks they don't need and some have not
Wed Dec 11, 2024, 06:34 PM
6 hrs ago

asked for. Stop wasting billions on golden parachutes for CEOs who do nothing for society except hand their wealth around to each other and political pawns and spit on people who actually work for a living. Stop spending on the weapons of war that must be used within 5 years to serve their purpose and thus contribute to world-wide conflicts that make more and more desolate refugees. Stop paying obscene billions to lobbyists to push unnecessary, unhealthy, and unaffordable medicines, drugs, foods, and other shit we would all be better off without.

Wiz Imp

(2,117 posts)
11. Right. Life Expectancy dropped suddenly & significantly in 2020 due to COVID
Wed Dec 11, 2024, 08:39 PM
4 hrs ago

and has not rebounded to anywhere near pre-COVID levels since then. In reality, life expectancy was effectively flat for the decade pre-COVID from 2009 to 2019 so right now we are at about the same level we were 20 years ago. Meanwhile, the average for all comparable countries is almost 5 years longer (note: they showed a much smaller drop due to COVID). Japan is almost 7 years longer. Switzerland, Sweden & Australia about 6 years longer. The retirement age in Japan is 64 for men and 62 for women.

GenThePerservering

(2,675 posts)
10. No lawmaker should be 'sitting down'
Wed Dec 11, 2024, 08:37 PM
4 hrs ago

with Musk and his trained monkey - DOGE is a sham department with no official standing, manned by two people with no official standing.

cpamomfromtexas

(1,350 posts)
12. Definitely. I am dating one and he knows
Wed Dec 11, 2024, 08:43 PM
3 hrs ago

What I think. Equity doesn’t outrank labor. If he dares to complain about taxes he knows I will tell him what I think. This is only disagreement we have really ever had.

The ones that benefit most from a stable economy and government are the wealthy. Every day they wale up, look out the window and don’t see a foreign soldier or tank in their front yard or nazi’s in their front yard is a good day.

The Wizard

(12,909 posts)
13. Retiring workers
Wed Dec 11, 2024, 08:53 PM
3 hrs ago

leave job openings thus lowering unemployment. High unemployment translates into a bigger bottom line for employers who capitalize on workers struggling to stay above water and working for lower pay.

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