Group of Bipartisan Senators Discuss Raising Social Security Retirement Age to 70

Here we go…

A group of bipartisan senators are discussing raising the retirement age on Social Security to about 70.

According to Semafor, the group of senators led by Angus King (I-ME) and Bill Cassidy (R-LA) are considering raising the retirement age.

The Senators insisted there are no cuts for Americans currently receiving Social Security benefits.

“This is an example of two leaders trying to find a solution to a clear and foreseeable danger,” Cassidy and King spokespeople told Semafor in a statement. “Although the final framework is still taking shape, there are no cuts for Americans currently receiving Social Security benefits in our plan. Indeed, many will receive additional benefits.

Semafor reported:

A bipartisan group led by Sens. Angus King, I-Maine, and Bill Cassidy, R-La. is considering gradually raising the retirement age to about 70 as part of their legislation to overhaul Social Security, Semafor has learned from two people briefed on their efforts.

Other options on the table include changing the existing formula that calculates monthly benefits from one based on a worker’s average earnings over 35 years to a different formula that’s based instead on the number of years spent working and paying into Social Security.

The plan also includes a proposed sovereign wealth fund (as previously reported by Semafor) that could be seeded with $1.5 trillion or more in borrowed money to jumpstart stock investments, the people said. If it fails to generate an 8% return, both the maximum taxable income and the payroll tax rate would be increased to ensure Social Security stays on track to be solvent another 75 years.

In a brief interview Monday evening on Capitol Hill, Cassidy said he’d been meeting with stakeholders for the past two years on the proposal, but that its details were still in flux. “You could really take a fund and, with certain assumptions, take all your revenue from there,” he told Semafor.

The post Group of Bipartisan Senators Discuss Raising Social Security Retirement Age to 70 appeared first on The Gateway Pundit.

WY Rep. Harriet Hageman Blasts DHS Sec. Mayorkas Over Border Crisis: ‘Violating the Oath of Office’

Rep. Harriet Hageman, the conservative Republican who ousted Liz Cheney last year, recently visited the southern border and had some harsh words for Biden DHS Secretary Alejandro Mayorkas afterwards.

During an interview with Breitbart News, Hageman slammed Mayorkas for ‘violating’ his oath of office.

Of course, she is exactly right. The southern border has been a disaster ever since the Biden administration took over.

From Breitbart News:

Exclusive — Harriet Hageman After Border Trip: Mayorkas Is ‘Violating the Oath of Office’

Rep. Harriet Hageman (R-WY) delivered a scathing rebuke of President Joe Biden’s border chief on SiriusXM’s Breitbart News Saturday after returning from a congressional visit to Yuma, Arizona.

Hageman, a member of the House Judiciary Committee, said that because Homeland Security Secretary Alejandro Mayorkas has “abdicated his responsibilities,” bringing impeachment articles against him is “very likely.”

“I do believe that it’s very likely that there will be articles of impeachment brought against Mayorkas,” Hageman said. “And the reason being, he’s completely abdicated his responsibilities as the head of the Department of Homeland Security, and he is violating the oath of office that he took to protect this country from enemies, both foreign and domestic.”

Hageman added, “He is not carrying out his obligations or responsibilities on the border. He needs to be held accountable for that and others do as well.”

Hageman’s comments come after Reps. Andy Biggs (R-AZ) and Pat Fallon (R-TX) have already introduced articles of impeachment, and after GOP leaders, including Speaker Kevin McCarthy (R-CA) and Whip Tom Emmer (R-MN), have conveyed an openness to investigating Mayorkas for impeachment-level breaches of duty.

Listen to the podcast below:

Hageman also commented on Twitter:

The Biden Administration and Secretary Mayorkas must be held accountable for the invasion on our Southern border. The must do the job that each has sworn an oath to do. https://t.co/QfcGLWWFjK

— Rep. Harriet Hageman (@RepHageman) February 23, 2023

Hageman is a massive improvement over Liz Cheney.

The people of Wyoming made the right choice.

The post WY Rep. Harriet Hageman Blasts DHS Sec. Mayorkas Over Border Crisis: ‘Violating the Oath of Office’ appeared first on The Gateway Pundit.

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