Should the Government Raise the Retirement Age?
The age of eligibility for full Social Security benefits is currently 67, but the cash reserves behind it are expected to run out by 2034. Those arguing “yes” to raising the retirement age say people these days are living longer, and it will lead to more economic growth. Those arguing “no” say not everyone is able to work longer and it’ll make large benefit cuts. Now we debate: Should the Government Raise the Retirement Age?
Arguing Yes: Marc Goldwein, Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget
Arguing No: Teresa Ghilarducci, Irene and Bernard L Schwartz Professor of Economics and Policy Analysis at The New School
Emmy award-winning journalist John Donvan moderates
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