Judd Legum

@JuddLegum ↗

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Last Checked Feb. 28, 2023

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Tue Feb 14 13:52:34 +0000 2023

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Judd Legum @JuddLegum

4. The RSC budget also changes the benefit formula to reduce benefits for all workers who are 54 years and younger. It would weaken the health of the program by allowing workers to divert payroll taxes previously devoted to Social Security into private retirement accounts. — PolitiTweet.org

Posted Feb. 14, 2023

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Judd Legum @JuddLegum

3. The 2023 RSC budget cuts Social Security by raising the retirement age by three years, from 67 to 70. So it's taking a large population and cutting their Social Security benefits to zero It then indexes the retirement age to increases in life expectancy But there is more — PolitiTweet.org

Posted Feb. 14, 2023

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Judd Legum @JuddLegum

5. The RSC budget cuts Medicare benefits by increasing the retirement age, first by "aligning Medicare’s eligibility age with the normal retirement age for Social Security and then indexing this age to life expectancy." Again, they are cutting benefits for many people to zero. — PolitiTweet.org

Posted Feb. 14, 2023