President Obama has had three years in office, during which time he has attacked every serious proposal to preserve and strengthen America's entitlement programs. Mitt Romney has laid out the approach he would take to modernizing America's entitlement programs, guaranteeing their continued vitality for future generations. Mitt's proposals will not raise taxes and will not affect today's seniors or those nearing retirement. He proposes that Social Security should be adjusted in a couple of commonsense ways that will put it on the path of solvency and ensure that it is preserved for future generations.
* * First, for future generations of seniors, Mitt believes that the retirement age should be slowly increased to account for increases in longevity.
* * Second, for future generations of seniors, Mitt believes that benefits should continue to grow but that the growth rate should be lower for those with higher incomes.
With just those two simple steps, and no change in benefits for those at or near retirement, America can guarantee the preservation of the Social Security system for the foreseeable future.
The Republican nominee must be someone who is committed to saving Social Security. Mitt will ensure that America honors all of its commitments to today's seniors and strengthens the program so that it is financially secure for future generations.