Latest News
COMMENTARY: Too much misinformation about Social Security
Social Security Works, a left-wing group, was quick on the draw. Within an hour of Sen. Marco Rubio’s announcement that he was running for president, it issued a news release attacking him: “If Senator Marco Rubio had his way, Social Security’s very modest benefits, averaging just $1,330 a month for retired workers, would be cut.”
That’s not true. A spokesman for the group says it had in mind Rubio’s proposal to increase the retirement age and his openness to reducing cost-of-living adjustments, which many economists believe overcompensate for inflation. But neither of those steps would cause average monthly benefits to be lower than they are today. Read more…