Sanders to Bush on Social Security Cuts: 'What World Do You Live In?'

October 9, 2020 Off By HotelSalesCareers

As older Americans face a looming “retirement crisis,” presidential candidate for the Democratic nomination Bernie Sanders has come out swinging against undeclared GOP rival Jeb Bush, who recently suggested raising the retirement age to 68 or 70.

“I have a hard time understanding what world Gov. Bush and his billionaire backers live in,” said Sen. Sanders (I-Vt.), founder of the Senate Defending Social Security Caucus. “When the average Social Security benefit is just $1,328 a month, and more than one-third of our senior citizens rely on Social Security for virtually all of their income, our job must be to expand benefits, not cut them.”

“It reflects a callous insensitivity toward working Americans, a lofty patrician blindness toward the lives of the hoi polloi.”
—Richard Eskow, Campaign for America’s Future

The Center for Economic and Policy Research has stated that raising the retirement age is a benefit cut, since workers would have to pay more in to get the same level of benefits.

The former Florida governor, who will reportedly announce on June 15 that he is officially running for president, made the statements Sunday on CBS‘s “Face the Nation.”

“I think it needs to be phased in over an extended period of time,” Bush said of raising the retirement age. “We need to look over the horizon and begin to phase in, over an extended period of time, going from 65 to 68 or 70. … And that, by itself, will help sustain the retirement system for anybody under the age of 40.”

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