January 21, 2016
Sen. Marco Rubio Wants to Raise Retirement Age for Social Security, Privatize Medicare
By Richard Fiesta, Executive Director, Alliance for Retired Americans
Sen. Marco Rubio would raise the retirement age for Social Security and privatize Medicare, he told supporters in Henniker, New Hampshire last Friday. Here’s what he said:
“That means we’re going to save Social Security and Medicare. We’re not going to have to – we’re not going to disrupt it for the people that are on it now, like my mom, but Medicare and Social Security is going to look different for me and for the young people here than it does for our parents. Anyone who tells you different is not telling you the truth. If we don’t do something about it, there will be no Social Security or Medicare by the time you retire – even by the time I retire. We can fix this, but what it will take is I’m going to have to retire at 68 instead of 67 and if I’ve made a lot of money, my Social Security is not going to grow as fast as people that made less money and my Medicare money will be the option of buying a private plan that you like better. These are not unreasonable changes for people that are 25 years away from retirement or 45 years away from retirement and if we do that we can save these programs and balance our budget.”
Alliance activists are engaging the presidential candidates on the stump and this is the latest instance.
Sen. Rubio’s choice of words is notable. Referring to Social Security and Medicare, he said, “We’re not going to disrupt it for the people that are on it now,” but that “Medicare and Social Security is (sic) going to look different for me and for the young people here than it does for our parents.”
Sen. Rubio acknowledges that the changes he is considering are a “disruption,” yet he is more than ready to inflict this disruption on the next generation of beneficiaries.
That same day, in Claremont, New Hampshire, Sen. Rubio responded to a question from someone with the Alliance for Retired Americans. At that event he also stated his plans to privatize Medicare.
The Alliance for Retired Americans has a very different plan for Social Security and Medicare. We want to EXPAND earned Social Security benefits, not cut them by raising the retirement age. And we want to PROTECT and PRESERVE Medicare for future generations, not eliminate its guaranteed benefits by privatizing it. New Hampshire voters should know Marco Rubio’s plans before they go to the polls on February 9th.