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Raising Social Security full retirement age would face political hurdles

MarketWatch says any proposal would need quick, steep changes to meaningfully reduce the program’s shortfall.

Reported · Written up by our desk · Trade & Tariffs

MarketWatch highlights that raising Social Security’s full retirement age is politically difficult because it could reduce benefits for certain current and near-retirement recipients.

The outlet argues that to make a material dent in Social Security’s shortfall, changes to the full retirement age would have to be both rapid and substantial.

The central tension is that benefit reductions could hit groups relying on the current retirement-age rules, making compromise harder even as lawmakers weigh long-term solvency concerns.

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