"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
Senate Republicans did not help their relationship with seniors and working Americans this week when they voted to keep $4 billion per year in subsidies for oil companies while supporting a budget plan that would end Medicare as we know it. Even with polls showing a majority of Americans wanting to keep Medicare intact, Senate Republicans voted to keep the oil subsidies after they had previously embraced an agenda to turn Medicare into a voucher system. The nation’s five largest oil companies made nearly $1 trillion in profits in the past decade, and profits are soaring even more with gas prices hovering today around $4 a gallon.