Harvey Levine Opposes Means-Testing Social Security for Existing Recipients as Reserves Near Insolvency
Updated
Updated · The San Diego Union-Tribune · Jul 20
Harvey Levine Opposes Means-Testing Social Security for Existing Recipients as Reserves Near Insolvency
1 articles · Updated · The San Diego Union-Tribune · Jul 20
Summary
Harvey Levine argued that applying means-testing immediately to current Social Security recipients would break a long-standing promise to retirees who planned around full benefits.
Levine said the proposal would hit middle-income retirees hardest, warning it could demolish household budgets for people already relying on expected payouts.
He acknowledged Social Security reserves face impending insolvency and said past administrations delayed action, but argued any formula change should apply only to new contributors.
The criticism responds to a July 12 editorial on fixing Social Security, sharpening the debate over whether solvency reforms should spare existing beneficiaries.