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Akin Endorsed Raising Social Security Retirement Age, Perhaps As High As 83 Years Old

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Uploaded on Sep 25, 2012

Akin Endorsed Raising Social Security Retirement Age, Perhaps As High As 83 Years Old. At an event with the Jefferson County Tea Party: "QUESTION: Where are you on Medicare and Social Security? TODD AKIN: Right, those are good ones, let's do, I'll do the easier one first, Social Security. First of all, if I had been back in the days of FDR, I'm not so sure I would have voted for it, but it was a pretty watered-down proposal then, it was wholly voluntary, it was only like 1% or half of a percent or something, and etc. etc. But it sure has changed. And so now what's happened is that a whole lot of people who paid into a system which was mathematically broken when it started, made worse when politicians took the money out of it as it was going wrong, so what is the, how do we deal with it now? I think the fact is, because people are dependent on it, and have paid into it, we have some obligation to try to keep the people that are on Social Security, to allow them to continue. At the same time, the way it is now, there's going to come a time when they would not get any money at all, the way it's going, so we have an obligation to try to fix it the best we can. Part of the nature of that was not just the wickedness of Congress, although there's plenty of blame to go around. Some of it was, when Social Security started, the average age that people died was 62, Social Security started at 65. So if we were to adjust it today, average age is 97, that would put Social Security at about 83 or so. So in other words what you may need to do is to increase the age over time when people qualify." [Tea Party Event, Pevely, MO, 1/26/12]

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