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[quote=Anonymous][quote]Anonymous wrote:
Interesting article in NYTimes re Republican plan to reduce federal deficit by cutting social security and Medicare. First time I’ve ever seen the plan so clearly articulated.

“WASHINGTON — Congressional Republicans, eyeing a midterm election victory that could hand them control of the House and the Senate, have embraced plans to reduce federal spending on Social Security and Medicare, including cutting benefits for some retirees and raising the retirement age for both safety net programs.”

Granted the push to get rid of ACA foundered, but surprising that Republicans would have this as a policy position. Or that people would vote for this.

Yes this needs to be done ASAP for the long term health of the program. I really doubt anyone over 55 right now will have anything changed. Below 55 --- lots of changes --- age, benefits, increased contributions.[/quote]

Sounds inflationary. Won't employers have to pick up the slack in 401K matches and the medical insurance they provide to their retirees or workers who are now older and still on the job (with more medical needs)?[/quote]

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