Sen. Marco Rubio, R-Fla., grabbed the third rail of American politics Tuesday, outlining proposals to reform Social Security and Medicare and facilitate increased retirement savings in a speech at the National Press Club.
Rubio called for raising the retirement age for people under the age of 55, reducing the rate of growth in Social Security payments to wealthy retirees, moving to a premium support plan for Medicare such as the plan developed by Rep. Paul Ryan, R-Wis., and allowing people in to save money through the savings plan offered to members of Congress.
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