Republicans Review Possible Changes in Social Security
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WASHINGTON — Key Senate Republicans privately reviewed suggestions Thursday for raising the Social Security retirement age while limiting future benefits, officials said.
At the same time, the prospects for swift Senate action on Social Security appeared to dim during the day, the result of internal GOP disagreement as well as Democratic opposition.
“I don’t look for it until later on in the fall,” said Sen. Trent Lott (R-Miss.).
Lott made his comments after he and other Republicans on the Senate Finance Committee attended a meeting in which the panel’s chairman, Sen. Charles E. Grassley (R-Iowa), outlined suggestions to achieve financial solvency for the Social Security program.
GOP officials familiar with the presentation said it included a gradual increase in the retirement age, as well as steps to hold down some future benefits.
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