Groopspeak - Chairman Sam Johnson, the Republican Chairman of the Social Security Subcommittee of Ways and Means, just introduced a bill that would deeply cut Social Security as we today know it, not to mention his intention to raise the retirement age from 67 to 69.
Cutting Social Security would have devastating consequences for Americans’ retirement security. At a time when Americans are more anxious about their retirement than ever, the top Republican on the Social Security Subcommittee is rolling out legislation that cuts benefits by more than a third, raises the retirement age from 67 to 69, cuts seniors’ cost of living adjustments, and targets benefits for the families of disabled and retired workers.
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