President Barack Obama’s fiscal commission is expected to recommend changes to Social Security to help reduce the deficit when it issues its report in early December. But protests in France over pension reforms there could serve as a reality check to U. S. deficit hawks who want to raise the U.S. retirement age and make other benefit changes to the popular retirement plan.
While they may not go on strike or take to the streets in protest — like is happening in France over a plan to raise the retirement age from 60 to 62 – older Americans are more likely to show up at the voting booth in November than other groups.
A new survey by the influential AARP, which advocates for older Americans and has 35 million readers for its magazine, shows that lawmakers who embrace deficit reduction proposals that include cuts for Social Security may do so at their own peril.
The survey of AARP members who are likely to vote in the November 2, congressional elections showed that 60 percent would be less likely to vote for a candidate who would support cutting Social Security benefits to reduce the deficit.
AARP Executive Vice President Nancy LeaMond said the survey shows that older Americans see Social Security as “their investment and their money.”