"Raising the retirement age would inflict further hardship among a group of workers who are likely to face health and economic problems in their 60s." –Doug Hart, President, Arizona Alliance for Retired Americans
President Obama had once set Friday, July 22, as the day when an agreement had to be reached so that corresponding legislation to raise the debt ceiling could be drafted and passed by the House and Senate. However, that timeline has now been extended. With several deals still possible, uncertainty for seniors remains.