Sure lets hit the retirees. THERE IS NO SAVINGS IN THE NEXT 10 YEARS.
WHAT ABOUT THOSE WHO PLANNED ON THIS? Women aged 64-66 who planned retirement around these payments. Now they can't retire. Shame on you.
The Social Security Administration said it did not have data to show how many couples file benefits in this way. But it estimates that the change won't save the program any money for the first 10 years, but would result in some cost reductions after 2025.
http://money.cnn.com/2015/10/30/retirement/social-security-budget-deal/i...
Economist Laurence Kotlikoff called the policy change a "terrible piece of legislation" and says that it's not just the rich that file for Social Security benefits. "It might save a little bit of money, but it's pulling the rug out from people."