Representative John Bohner – R-Ohio, House Minority Leader – announced yesterday a plan to cut Social Security and raise the retirement age to 70. Now, this is not a new idea, House Majority Leader Steny Hoyer, D-Md. discussed a similar plan last month. For the record, I would support this with a few provisions.
However; there’s a problem with Rep. Bohner’s plan: He wants to use the money to pay for the war in Afghanistan. (I’ve been trying to find an exact quote, but I can’t.)
Social Security money should NEVER be used for anything in the regular budget. And, that’s the problem. Social Security used to have enough money to last a very long time without making many changes. However; our government – Republicans & Democrats – have been dipping into the Social Security program to pay for other programs and to help lower the deficit. The time to touch Social Security for anything other than what it is intended to be is over. If we’re going to save it, then let’s save it right. Leave the money saved by spending cuts and raising the retirement age to 70 in Social Security. Otherwise, we’ll just have bigger problems later on.
What do you think?