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In reply to the discussion: When congress tries to cut Social Security [View all]Mariana
(15,196 posts)55. None of that is about people who are already receiving benefits.
Plans to cut Social Security benefits by raising the full retirement age, such as those put forward by the Republican Study Committee and the Heritage Foundation, would make the program less adequate for future retirees and increase their risk of economic insecurity. This is especially true for low- and middle-income retirees. The data are clear: Raising the FRA would cut benefits by thousands of dollars per year for a population that has not shown significant interest in delaying retirement. This is both a poor outcome for any American hoping to retire with enough resources to make ends meet and an example of how dangerous and extreme far-right policy ideas would pull the rug out from under Americas middle and working classes.
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Meanwhile hubby and i will each lose 1 third of our social security making us homeless at 75years old
Trueblue1968
Nov 7
#1
That is true, but it was also a mistake to rely on a Supreme Court Decision from 1970s
Silent Type
Nov 7
#5
A lot of families will have to, maybe, make room for their elderly ........................
Lovie777
Nov 7
#12
for all? I'm eligible in a couple years... how will my son taking SS 18 months later in 2060 affect my benefit?
WarGamer
Nov 7
#39
They denied this over and over again during the campaign. Their supporters believed them. There will be protests
Jmb 4 Harris-Walz
Nov 7
#19
The will just say "Sorry no money left for that" after sending a few billion to Israel and Putin to help bail them out
LiberalArkie
Nov 7
#42
They will do it like they tried to do it last time, by going after the FICA tax
travelingthrulife
Nov 8
#96
This could be. Medicare and Soc Security will be unable to pay full benefits soon.
CousinIT
Nov 11
#132