08/05/2009
https://www.congress.gov...
"Each year of raising the retirement age is a 6.5 percent cut in benefits that are already very modest."
"Congress and the Obama administration will make matters worse for most Americans if they raise the Social Security retirement age."
"The system of relying on tax subsidies to expand the employer-based retirement system has proven a failure."
"There is no rationale for providing a larger tax break to a millionaire than to a Wal-Mart cashier for the same dollar contribution to a 401(k) plan."