No full Social Security benefits until age 70?

According to BigFurHat at iowntheworld.com:

Sure, keep us working longer so younger people can’t find a job and start paying into social security sooner. Can’t these bureaucraps think past their nose? Of course not. THAT is how we got into this mess (that comment is for RightLeaning.) FDR, another left-wing GENIUS, didn’t imagine that people would live longer and longer. That is typical of left-wing social engineering. They react in a vacuum. That react vacuously.

From the Miami Herald

WASHINGTON — Young Americans might not get full Social Security retirement benefits until they reach age 70 if some trial balloons that prominent lawmakers of both parties are floating become law.

No one who’s slated to receive benefits in the next decade or two is likely to be affected, but there’s a gentle, growing and unusually bipartisan push to raise the retirement age for full Social Security benefits for people born in the 1960s and after.

The suggestions are being taken seriously after decades when they were politically impossible because officials – and, increasingly, their constituents – are confronting the inescapable challenge of the nation’s enormous debt.

Social Security was created in 1935 with a retirement age of 65, but since then life expectancy at that age has increased by about six years, according to the National Center for Health Statistics.

Today the full Social Security benefit retirement age is 66 for people born from 1943 to 1954. It then increases by two months for each birth year (66 years and two months for those born in 1955, 66 and four months for those born in 1956 and so forth), until those born in 1960 or later get full benefits at age 67.

Raising the age eventually to 70 could prove to be politically acceptable because it wouldn’t have an immediate social impact, but it would demonstrate that politicians are resolute enough to mend one of the government’s most popular social programs and to tackle the national debt.

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One blogger wrote:

The next GOP president is going to have his work cut out for him. Undoing all this progressive crap.

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Just my f'ing luck. . . .I guess with Obamacare's "death panels" we won't live to 70 anyway. . . .

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http://www.miamiherald.com/2010/07/11/1725272/no-full-social-security-benefits.html#ixzz0tcMePIGm