bernie sanders said (5 weeks ago) republicans want to cut social security; i am 64.5 years old , on social security disability: will the cuts (if they happen) effect me ? thanks
bernie sanders said (5 weeks ago) republicans want to cut social security; i am 64.5 years old , on social security disability: will the cuts (if they happen) effect me ? thanks
It is impossible to say what effect any prospective cuts will have on anyone until we see them. However, I agree with ll that it's unlikely they will affect anyone already in the system more than marginally, if at all.
The last time that they did Social Security cuts they did it by raising the retirement age. However, they did not just raise it. They raised it to 55 1/2 for a segment of the population, 66 for another, 66 1/2 for another, 67 for another, and 67 1/2 for yet another. Whatever they do, I feel very sure that it will be something along those lines...minimal impact on older people, greater impact on younger people.
I wish they would stop playing with the cost of living increases. Gasoline is down and everything else is up but we don't get an increase. Two years now.