December 28, 2012

GOP Senators Want To Take Debt Ceiling Hostage In Order To Raise Retirement Age

GOP Senators Want To Take Debt Ceiling Hostage In Order To Raise Retirement Age: Two Republican senators want to use the threat of an economic meltdown to raise the retirement age and cut Medicare. Sens. Bob Corker (R-TN) and Lamar Alexander (R-TN) introduced a plan today that would raise the federal debt limit by $1 trillion in exchange for $1 trillion in cuts to Medicare, Medicaid, and Social Security, [...]/p