WASHINGTON -- Key Senate Republicans are considering gradually raising the Social Security retirement age as high as 69 over several years as they struggle to jump-start legislation that President Bush has placed atop his second-term agenda, officials said Tuesday.
Under current law, the retirement age for full Social Security benefits is 65 1/2 and is scheduled to reach 67 for those born in 1960 or later.
The possible increase to 69 over two decades or more was among the suggestions that Iowa Sen. Charles Grassley, chairman of the Senate Finance Committee, presented to fellow Republicans on the panel last week as part of an attempt to give the program greater financial solvency, the officials said.
Grassley also suggested steps to hold down benefits for upper-wage earners of the future, these officials have said previously. They spoke only on condition of anonymity, saying the discussions were confidential.
I guess John Tierney was out banging the Karl Rove drum yesterday. Raise the retirement age. That'll get the Social Security reform plan off life support. Right.
Here's the really interesting part of the article, to me:
Speaking to a convention of the Pennsylvania FFA _ formerly known as the Future Farmers of America _ Bush said he wants to "make sure the system is a better deal for younger workers" and assured older people in the audience that they would continue to get their promised benefits.
The students would get the same benefits that seniors today receive, Bush said, without mentioning that his plans involve a reduction in the benefits younger Americans have been promised in their own retirement.
Why don't they just call a spade a spade and say that Bush lied to these folks. If Bush is telling these kids they will get the same benefits under his plan, he's lying. His plan cuts benefits. WaPo: "The students would get the same benefits....Bush said....without mentioning that his plans involve a reduction in the benefits...." Um, this convoluted sentence is saying, he lied. Why not just say he lied? Is the Washington Post the house organ of the White House? Oh yeah, guess they are.
Bang the drum slowly for the corporate media. Journalism is dead.
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