WSJ
Democrats have broken ranks over a move to consider Social Security changes—including possibly raising the retirement age—to ensure its long-term fiscal health in combination with an effort to reach a deficit-reduction package.
The idea of putting Social Security into play has triggered a firestorm of opposition from several corners of the Democratic party. Senate Majority Leader Harry Reid (D., Nev.) and Sen. Chuck Schumer (D., N.Y.), two of the Senate's most powerful lawmakers, have said revisions to Social Security shouldn't be attached to a deficit-reduction plan. They argue the program's benefits are covered by giant trust funds that have no impact on the deficit.
"I believe it is a separate discussion from either the short-term or long-term budget discussions," Mr. Schumer said earlier this month.
Dozens of other House and Senate Democrats appear to agree. AARP, the powerful lobbying group for Americans over 50, is also raising concerns.
(More here.)
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