Social Security Bill Would Raise Retirement Age, Slow COLAs

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“Social Security is the single biggest step we have taken to reduce senior poverty, and if we do nothing, seniors will see their benefits cut by 21% in 2034,” Ribble said in a statement announcing the bill.

While grappling with Social Security’s solvency will continue to be a controversial priority for the next administration, regardless of who wins the White House, Rep. Reid Ribble, R-Wis., recently offered up his own remedy to ensure the government program remains solvent for the next 75 years. The Save Our Social Security (S.O.S.) Act, introduced in early…