My Words, there are few details in this article,and i know things change and may not even happen, but the small details i read like last week, were to raise social security age to 70 as ppl live longer, for ppl now under 50 years of age, now u know laws take time to pass, so someone 50 may be 51 if it were to pass lol, i dont see it passing till atleast after the elections, social security use to be the 3rd rail of politics, but now as they scramble for money for the budget, and debt, most things are on the table,
July 24, 2010 1:07 PM
Pelosi Opposed to Raising Retirement Age
http://www.cbsnews.com/8301-503544_162-20011573-503544.html
(Credit: AP)
LAS VEGAS -- House Speaker Nancy Pelosi said unequivocally today that she is opposed to raising the retirement age, and that scaling back Social Security should not be a means of reducing the deficit.
"To change Social Security in order to balance the budget, they aren't the same thing in my view," the Democrat said today at the Netroots Nation conference in Las Vegas. "When you talk about reducing the deficit and Social Security, you're talking about apples and oranges."
Pelosi clarified her position before a group of liberals highly concerned that Democrats and Republicans are interested in modifying Social Security as a means of deficit reduction in ways that would reduce its impact for Americans. The Netroots Nation conference, the largest gathering of liberals all year, even featured earlier this week a panel entitled, "Obama's Social Security 'Death Panel': Engaging Activists to Defeat the Drive to Cut Critical Social Programs."
By "Social Security Death Panel," liberals are referring to President Obama's deficit commission, which in December will give Congress a plan for reducing the federal deficit. Its co-chairs have repeatedly said that reform of entitlement programs must be a part of the solution. Pelosi has promised a vote on the commission's plan, and lawmakers have generally expressed interest in what the commission will recommend.
While Pelosi said today she opposes raising the retirement age, other Democratic leaders have said they would support it. House Majority Leader Steny Hoyer said earlier this year he thinks raising the retirement age could be done with other modifications to ensure that Social Security benefits still support those most in need - such as paying out benefits on a progressive scale. House Democratic Whip James Clyburn has also said he would support raising the retirement age.
Pelosi said today that Democrats are "moving on all fronts to reduce the deficit" with pay-as-you-go rules and Mr. Obama's stern budget, and reinforced the need to keep Social Security solvent.
She also said, however, that it's important for Democrats to make clear to seniors that they support Social Security and oppose changes, such as privatization of the program.
July 24, 2010 1:07 PM
Pelosi Opposed to Raising Retirement Age
http://www.cbsnews.com/8301-503544_162-20011573-503544.html
(Credit: AP)
LAS VEGAS -- House Speaker Nancy Pelosi said unequivocally today that she is opposed to raising the retirement age, and that scaling back Social Security should not be a means of reducing the deficit.
"To change Social Security in order to balance the budget, they aren't the same thing in my view," the Democrat said today at the Netroots Nation conference in Las Vegas. "When you talk about reducing the deficit and Social Security, you're talking about apples and oranges."
Pelosi clarified her position before a group of liberals highly concerned that Democrats and Republicans are interested in modifying Social Security as a means of deficit reduction in ways that would reduce its impact for Americans. The Netroots Nation conference, the largest gathering of liberals all year, even featured earlier this week a panel entitled, "Obama's Social Security 'Death Panel': Engaging Activists to Defeat the Drive to Cut Critical Social Programs."
By "Social Security Death Panel," liberals are referring to President Obama's deficit commission, which in December will give Congress a plan for reducing the federal deficit. Its co-chairs have repeatedly said that reform of entitlement programs must be a part of the solution. Pelosi has promised a vote on the commission's plan, and lawmakers have generally expressed interest in what the commission will recommend.
While Pelosi said today she opposes raising the retirement age, other Democratic leaders have said they would support it. House Majority Leader Steny Hoyer said earlier this year he thinks raising the retirement age could be done with other modifications to ensure that Social Security benefits still support those most in need - such as paying out benefits on a progressive scale. House Democratic Whip James Clyburn has also said he would support raising the retirement age.
Pelosi said today that Democrats are "moving on all fronts to reduce the deficit" with pay-as-you-go rules and Mr. Obama's stern budget, and reinforced the need to keep Social Security solvent.
She also said, however, that it's important for Democrats to make clear to seniors that they support Social Security and oppose changes, such as privatization of the program.
