Monday, December 31, 2012

Sen. Graham: Hike Social Security Age Or No Debt Ceiling Deal

Sen. Lindsey Graham is among the GOP senators again threatening to not raise the debt ceiling in February, something they never had a problem doing whenever a Republican was president. This refusal would cause the country to default on debts incurred and threaten its solvency. Graham's price for raising the debt ceiling? You'll have to work more years before you receive Social Security benefits. Watch Graham engage in extortion on Fox News Sunday:



GRAHAM: I’m not going to raise the debt ceiling unless we get serious about keeping the country from becoming Greece, saving Social Security and Medicare [sic]. So here’s what I would like: meaningful entitlement reform — not to turn Social Security into private accounts, not to take a voucher approach to Medicare — but, adjust the age for Social Security, CPI changes and means testing and look beyond the ten-year window. I cannot in good conscience raise the debt ceiling without addressing the long term debt problems of this country and I will not.

3 comments:

Michael The Molar Maven said...

Adjusting the age for social security sounds like a reasonable measure considering our advancing life expectancy, until, that is, we consider the unintended consequences of forcing people formerly of retirement age to continue working longer. More younger people will have a more difficult time entering the work force. This will put a huge strain on many young families, the very backbone of our society.

Jeff Tone said...

I don't think it's reasonable. Age 65 is old enough to retire. 67? Why not round it up to 70, for that matter?

Jeff Tone said...

I don't think it's reasonable. Age 65 is old enough to retire. 67? Why not round it up to 70, for that matter?