“Republicans Call for Retirement Age Hike in Clash With Biden”
March 26, 2024
“…The largest caucus of House Republicans called for an increase in the Social Security retirement age Wednesday, setting up a clash with President Joe Biden over spending on popular entitlement programs.
The Republican Study Committee, which comprises about 80% of House Republicans, called for the Social Security eligibility age to be tied to life expectancy in its fiscal 2025 budget proposal. It also suggests reducing benefits for top earners who aren’t near retirement, including a phase-out of auxiliary benefits for the highest earners…”
If you are a millennial do not expect social security to save you in your golden years. That fund is going to go bankrupt way before then. This country has to much debt. While the fund might still “pay out” the money wont be worth anything when millennials retire.