{"id":22669,"date":"2013-01-22T18:29:37","date_gmt":"2013-01-22T17:29:37","guid":{"rendered":"http:\/\/www.presstv.ir\/detail\/2013\/01\/22\/284998\/us-seeks-to-rise-retirement-age\/"},"modified":"2013-01-22T18:29:37","modified_gmt":"2013-01-22T17:29:37","slug":"us-seeks-to-raise-retirement-age","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/breaking-news\/us-seeks-to-raise-retirement-age\/","title":{"rendered":"US seeks to raise retirement age"},"content":{"rendered":"<p><span id=\"ctl00_body_spnDetail\">US President Barack Obama (L) listens to Business Roundtable member and Boeing Chief Executive Officer James McNerney in Washington on December 5, 2012. (File photo)<\/span><\/p>\n<div id=\"divDetailBody\">\n<p>Top American business executives seek to lobby Washington for increasing the country\u2019s retirement age, while pushing for reforms of the Social Security and Medicare.<\/p>\n<p>An influential group of business executives &#8211; dubbed the Business Roundtable &#8211; has proposed on Wednesday new reforms of the Social Security and Medicare, aiming to increase the retirement age to 70.<\/p>\n<p>The group will pitch the plan to US President Barack Obama and the Congress amid an upcoming round of deficit-reduction talks.<\/p>\n<blockquote>\n<p>&#8220;We are calling on President Obama and Congress to look at our plan and enact a package of gradual changes that will provide economic and personal security for generations to come,&#8221; said Gary Loveman, the CEO of Caesars casino and hotel in Las Vegas.<\/p>\n<\/blockquote>\n<p>\nExperts say an aging US population and rising healthcare costs threatens to devastate the budget in coming years, with US politicians seeking a bailout through reforms of the Social Security and Medicare &#8211; once considered safe.<\/p>\n<p>However, critics condemn any cuts in entitlement programs, as many Americans will not be able to pay increased costs and more senior citizens falling in poorer health.<\/p>\n<p>Currently, retirees can receive reduced Social Security benefits starting at age 62, with full benefits beginning at 66.<\/p>\n<p>GMA\/PKH<\/p>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/pixel.quantserve.com\/pixel\/p-89EKCgBk8MZdE.gif\" border=\"0\" height=\"1\" width=\"1\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p><span>US President Barack Obama (L) listens to Business Roundtable member and Boeing Chief Executive Officer James McNerney in Washington on December 5, 2012. (File photo)<\/span><\/p>\n<div>\n<p>Top American business executives seek to lobby Washington for increasing the country&rsquo;s retirement age, while pushing for reforms of the Social Security and Medicare.<\/p>\n<p>An influential group of business executives &#8211; dubbed the Business Roundtable &#8211; has proposed on Wednesday new reforms of the Social Security and Medicare, aiming to increase the retirement age to 70.<\/p>\n<p>The group will pitch the plan to US President Barack Obama and the Congress amid an upcoming round of deficit-reduction talks.<\/p>\n<blockquote>\n<p>&#8220;We are calling on President Obama and Congress to look at our plan and enact a package of gradual changes that will provide economic and personal security for generations to come,&#8221; said Gary Loveman, the CEO of Caesars casino and hotel in Las Vegas.<\/p>\n<\/blockquote>\n<p>\nExperts say an aging US population and rising healthcare costs threatens to devastate the budget in coming years, with US politicians seeking a bailout through reforms of the Social Security and Medicare &#8211; once considered safe.<\/p>\n<p>However, critics condemn any cuts in entitlement programs, as many Americans will not be able to pay increased costs and more senior citizens falling in poorer health.<\/p>\n<p>Currently, retirees can receive reduced Social Security benefits starting at age 62, with full benefits beginning at 66.<\/p>\n<p>GMA\/PKH<\/p>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/pixel.quantserve.com\/pixel\/p-89EKCgBk8MZdE.gif\" border=\"0\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"author":1213,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[487],"tags":[],"class_list":{"0":"post-22669","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-breaking-news"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/22669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1213"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=22669"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/22669\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=22669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=22669"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=22669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}