PSYC 5571 Lecture Notes - Lecture 2: Collegehumor, Paygo
Document Summary
This way it didn"t affect people who are about to retire: a delay in getting benefits is the same thing as a benefits cut, they delayed for 20 years before the legislation went into affect. There are arguments for expanding ss: people are living longer, why not raise the age requirement again, but only the wealthy people are living longer, raise benefits for poor people perhaps by taxing the rich more. About of americans 21 and over said that social security is favorable: the older you are, the more likely you are to support social security, republicans like it much less than democrats. 75% said manageable: hillary and bernie don"t want to anything to cut benefits. Instead they want to lift the payroll tax cap and broaden the tax base. Bernie even wants to have more benefit increases: ted cruz and john kasich want to reduce benefits, raise age, reduce for higher earners etc, and not increase benefits.
