White House Refuses To Change Social Security to Make Fiscal Cliff Deal

by Katrina Trinko

From CBS News:

White House spokesman Jay Carney said today that Social Security is one entitlement program that should be addressed on a “separate track.”

“We should address the drivers of the deficit and Social Security currently is not a driver of the deficit,” Carney told reporters today. The senior retirement program is solvent for another 21 years, at which time recipients could see a reduction in benefits.

While Social Security isn’t as much of a problem as Medicare, it’s frustrating that the White House won’t even consider any changes. Why not raise the retirement age to reflect the longer lifespans Americans are enjoying?