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.
Gotta love republicans “the spend and print regime” was bi-partisan and, importantly, initiated under Trump. Further they’ve continuously held control of the Senate while Biden has been in power and the house since 2022.
Finally the Affordable Care Act was a republican bill that Obama compromised on instead of the Democratic proposal, to get some improvements through. It’s always amusing when Republicans now shit all over it…