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Social Security Trust Fund projecting surplus for 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Reports from the Social Security Administration and Congressional Budget Office
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Senate Rejects Rand Paul's Proposal to Raise Social Security Retirement Age to 70 by 3-93 Vote; 4 Not Voting
Dec 21, 2024, 01:12 PM
Senator Rand Paul's proposal to raise the Social Security retirement age to 70 was overwhelmingly rejected in the Senate, with a vote tally of 3 in favor and 93 against. The amendment aimed to adjust the normal and early retirement ages for Social Security benefits, as well as increase the maximum age for delayed retirement credits. Only three senators supported the amendment: Rand Paul, Mike Lee, and Cynthia Lummis, while 93 senators voted against it, and four senators did not vote. Chuck Schumer commented on the outcome, stating, "Came close. Came close." This vote reflects ongoing debates regarding the future of Social Security and its sustainability amid concerns over an aging population and financial pressures on the system.
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