This petition asks President Obama to veto the legislation that eliminates "file" and "suspend" and extends deeming to the age of 70, eliminating the spouse benefit for many senior citizens that are dual income families. While this is a good measure the time frame is immediate implementation. No phase in. Potentially millions of senior citizens will be negatively impacted by loss of income. Seniors near retirement age may have to work additional years to make up the short fall in income (up to $50,000 over a 4 year period). Closing the loophole is a good idea but this legislation has no gradual phase in period to allow seniors to plan for their retirement. Closing the loophole in this manner will also negatively impact anyone seeking employment when seniors do not retire as they planned.



