For each year? Yeah, that's right, for each year. So. Because some of the proposals that are being discussed would raise it from 67 to 69 or 67 to 70. So If you go to 70, if you do the math, how big is the cut? A 20% future cut. A 20% future cut. Okay. Yeah. So Frank Bisignano is not alone in this. After the Republicans blew trillions of dollars on a tax cut for their rich buddies in … (02:52–03:02)
CLAIM
Asserts that raising the retirement age to 70 results in a 20% future benefit cut.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
