By Hazel Bradford, Crain News Service
CLEVELAND (Aug. 10, 2015) — Social Security had a brief mention at the first Republican presidential candidate debate for the 2016 election on Aug. 6, with two of the 10 highest-polling Republican candidates discussing it.
New Jersey Gov. Chris Christie, who during the debate plugged a 12-point entitlement reform plan, proposed raising the Social Security retirement age to 69 from the current 67, by increasing it one month each year over the next 25 years, starting in 2022. He also called for eliminating benefits for people with retirement income above $200,000 and more than $4 million in savings. Not dealing with Social Security, he said, “will bankrupt our country or lead to massive tax increases.”