Means testing for Social Security benefits came up in a discussion Stillballin' and I were having. Personally, I don't support it. Thinking it would make a good poll question, I Googled the term to find a good article that would describe what in entails. Lo and behold, I found this article where three Republican senators are proposing this very thing.
*First Read - GOP senators: Raise retirement age, 'means test' Social SecurityTwo freshmen -- Tea Party Republicans Mike Lee of Utah and Rand Paul of Kentucky -- joined Sen. Lindsay Graham of South Carolina, who has been working on this issue for more than five years.
The senators also proposed "means testing" for Social Security benefits, meaning the reduction of benefits for wealthier Americans.
Under their plan, seniors making over $43,000 a year would have their monthly benefits reduced by $300 to $400 by 2032.
This year is the first year in which Social Security pays out more than it takes in, because people are living longer, and the huge wave of Baby Boomers is starting to hit retirement age.
So, what do you think? Would you support means testing for Social Security Benefits?