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The Impact of Using Social Security as a Means to Fund Family Leave
Florida Senator Marco Rubio’s several weeks ago floated an idea to enable workers to take two months of family leave and fund it via Social Security, calling it a “budget neutral” proposal. In response, the nonpartisan Urban Institute conducted a study that gauges the actual cost of this strategy, concluding that the proposal would “recoup costs by raising Social Security’s full retirement age for participants by six months for each paid leave lasting two or more months, reducing average lifetime retirement benefits 3.2 percent per leave.” ThinkProgress reported Josh Israel presents viewpoints on this issue in a post on thinkprogress.org. Check it out here…