Senate Majority Leader's Approach to Social Security: "Nightmare Scenario"

[bigmac1775]

@deficithawker More like 13% at this point. Medicare and Medicaid are significant and unsustainable as well. I'm totally down with cutting defense. Close 75% of our overseas bases and stop buying high tech toys when we're fighting Akbar and his AK.

[gn0m0n]

But how much of the federal budget does social security and medicare/medicaid account for? I personally think there's no reason we can't revisit social security, which was set up some 70 years ago, and raise the retirement age a few years to reflect the fact that people live longer. That little bit should cumulatively save a chunk of change.