Saturday, October 08, 2011

Perry says he’s open to Social Security changes

The Houston Chronicle reports:
Republican presidential candidate Rick Perry stepped more deeply into the tricky issue of Social Security on Saturday, saying he is open to raising the age for receiving benefits and limiting them for upper-income people.

The Texas governor told an Iowa audience that “it makes sense” to increase the eligibility age because Americans are living longer. The age for full benefits is now 65 to 67, depending on a person’s date of birth.

He also said it may be time to limit payments for higher-income people, a process known as means-testing. “I’ don’t have a problem with that concept,” Perry said in Sioux City, Iowa.
Limiting payments to wealthy seniors, what an extremist.