Debate Silence On Social Security Could Cost Retirees Big-Time

When it comes to Social Security, silence at the first presidential debate was anything but golden, says a senior vice president of AARP.

“Americans who are working hard and paying into Social Security were the real losers at tonight’s debate,” AARP Senior Vice President, Campaigns, John Hishta said.

“In this issueless campaign, the debate was the best chance for voters to get real answers on how the presidential candidates would keep Social Security strong for future generations. If our leaders don’t commit to act, future retirees could lose up to $10,000 per year,” Hishta said.

In a press release, Hishta squarely placed some of the blame at the feet of debate moderator, Lester Holt, for not asking about the candidates’ plans for the program that is widely regarded as the safety net for millions of Americans.

Social Security faces a significant revenue shortfall that, if left unaddressed, is projected to result in a nearly 25 percent, across-the-board benefits cut for all Social Security recipients in 2032. Despite recent polling in support of more focus on the issue, it has been largely ignored in this election, said the AARP press release.

We couldn’t agree more. Nothing in this 2016 presidential election is about growing old, even though 10,000 of us turn 65 each day.