Social Security Benefits Targeted for Cuts by House Conservatives
- Group would gradually increase retirement age to 69 years
- Biden seized on past RSC plan during 2022 midterm campaign
The US Capitol in Washington, DC.
Photographer: Nathan Howard/BloombergThis article is for subscribers only.
House conservatives on Wednesday proposed raising the US retirement age to collect Social Security, handing Democrats damaging political ammunition ahead of the 2024 election.
The proposal by the 176-member House Republican Study Committee would gradually increase the retirement age, ultimately hitting 69 years old for those turning 62 in 2033. The current retirement age for full benefits is 66 and rising gradually to 67.