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Monday, January 24, 2011

Obama Backs SSI

Not sure what to say here, hey thanks for leaving it the way it is at least (allegedly) for people in the over 55 age group.

Obama is saying he won't mess with SSI.

WaPo: Obama won't endorse raising retirement age or reducing Social Security benefits
...he will not call for reducing spending on Social Security...


"The fundamental - the starting point in any plan - has got to be, we need to distinguish between those at or nearing retirement. Anyone 55 and older in this country has got to know that their Social Security benefits will not be addressed - will not be changed," Cantor said. "It is for all of the younger people - those 54 and younger - we're going to have to have a serious discussion."


...including raising the retirement age from 67 to 69 and the early retirement age from 62 to 64 by 2075...

2 comments:

Glynn Kalara said...

We'll see. He was for the public option to if you remember. Truth isn't his strong pt. Sorry, but I have little trust in this guys word.

Jim Sande said...

Its true, it could be a pr stunt.