It is estimated that raising the retirement age to 70 would cut the shortfall by about 36%. But this proposal has some drawbacks. Women and men who have worked jobs that require manual labor all of their lives may not physically be able to do work until they are 70 years old.
More Quotes from Steve Israel:
You can be sure that I will always consider how changes to Social Security will impact people with disabilities when considering the various proposals offered for reform.Steve Israel
The Stem Cell Research Enhancement Act would expand research on embryonic stem cells by increasing the number of lines stem cells that would be eligible for federally funded research.
Steve Israel
I always try to keep my constituents as up-to-date as possible with what's going on here in Washington.
Steve Israel
Since Social Security was established by President Franklin D. Roosevelt in 1935 to ensure economic security for American workers, poverty among American seniors has dramatically declined.
Steve Israel
Plus, 40% of our debt is owned by foreign interest. I can't support a plan that passes along cost burden to our children and makes us more reliant on foreign dollars.
Steve Israel
It's certainly possible that drastically altering the Social Security system might affect women differently than it would affect men.
Steve Israel
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