Right now, despite the reality that 55 percent of seniors are trying to survive on less than $25,000 a year, leading Republicans in the House and Senate are proposing to cut Social Security benefits, raise the retirement age to 70 or reduce cost-of-living adjustments (COLAs) for seniors by adopting a less generous formula. Most Democrats believe that we must expand Social Security benefits so that everyone in America can retire with dignity. Not a single Republican in Washington agrees.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Right now, despite the reality that 55 percent of seniors are trying to survive on less than $25,000 a year, leading Republicans in the House and Senate are proposing to cut Social Security benefits, raise the retirement age to 70 or reduce cost-of-living adjustments (COLAs) for seniors by adopting a less generous formula. Most Democrats believe that we must expand Social Security benefits so that everyone in America can retire with dignity. Not a single Republican in Washington agrees." in the context of "" to mean that wisdom is timeless.