Saturday, October 9, 2010

From The 5" Forecast

"........President Obama’s deficit commission........Sometime after Election Day but before the end of the year........will issue a series of recommendations. They are likely to include some or all of the following."

  • Raising the retirement age (currently 67 if you’re born after 1960)

  • Raising the early-retirement age (currently 62)

  • Raising the cap on wages subject to the payroll tax

  • Limiting benefits for higher-income retirees
Makes you wonder if the reaction will go something like this…











Via Bazz

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