Republican presidential candidate Nikki Haley was asked how she would manage entitlement programs to get control of America’s “soaring debt.” Her answer was to raise the retirement age from 65.
Haley said, “We change the retirement age to reflect life expectancy instead of cost of living increases. We do it based on inflation. We limit the benefits on the wealthy, and we expand Medicare Advantage plans.”
Haley did not specify what she thought the retirement age should be raised to, but she did say it would be tied to life expectancy. According to Haley, “65 is way too low” for the retirement age.
“Any candidate that says they’re not going to touch entitlements means they’re basically going to go into office and then leave America bankrupt,” she said.
“Social Security is going to go bankrupt in 10 years. Medicare is going to go bankrupt in eight,” the former U.S. ambassador to the United Nations warned. “So the way we deal with it is we don’t touch anyone’s retirement or anyone who’s been promised in but we go to people like my kids in their 20s when they’re coming into the system and we say the rules have changed.”