"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
Social Security, Medicare Cuts Would Hurt Current and Future Retirees
For Immediate Release
The following statement was issued today by Edward F. Coyle, Executive Director of the Alliance for Retired Americans, in response to proposals formally unveiled today by the National Commission on Fiscal Responsibility and Reform.
“The Commission’s recommendations turn a blind eye toward tax cuts for millionaires, and instead choose to callously make workers and retirees pay the price for our nation’s badly-flawed tax and spending policies. Moreover, by so aggressively targeting Social Security, the Commission is going after one of America’s greatest success stories, one that has not contributed a single penny to our budget deficit.
“Increasing the Social Security retirement age to 69 and reducing monthly benefits would be devastating for current and future retirees. Today’s workers would have to stay on the job longer, only to receive lower benefits when they retire. This would cause far more pain for blue collar and service sector workers on Main Street than it would for speculators on Wall Street.
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