Top House Republican Kevin Hern proposes raising Social Security's retirement age to address insolvency by 2033.
Top House Republican Kevin Hern, Chairman of the Republican Study Committee, has proposed raising the retirement age for Social Security benefits to address the program's projected insolvency by 2033. Hern's budget includes conservative spending cuts and proposals to extend Social Security's lifespan, with a potential 20% cut in 2034 if no action is taken. His solution involves increasing the full retirement benefit age.
April 07, 2024
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