Jeb Bush: Social Security Means-Testing ‘Ought to Be Considered’

Jeb Bush says he would considering pushing back the Social Security retirement age by as many as five years and scaling back benefits for Americans who paid into the system but who also have accumulated wealth.

“We need to look over the horizon and begin to phase in, over an extended period of time, going from (age) 65 to 68 or 70. And that by itself will help sustain the retirement system for anybody under the age of 40,” Bush, a potential contender for the Republican presidential nomination, told CBS’s “Face the Nation” on Sunday.

Bush also wants to phase out benefits for higher earners, who have paid into the system for their entire working lives.