Rubio doesn’t want there to be any changes for those already at retirement age but for younger workers he supports an increase in retirement age and slower increase in benefits for the wealthy.
HOST: You said I’m against anything that’s bad for my mother. That resonated very well. What does that mean for you in terms of economic policy?
MARCO RUBIO: Well first of all my mother’s sole source of income is Social Security. I mean she might have like a really small pension, I think $50 a month from Kmart but her sole source of income is Social Security. She relies on Medicare for her health care, Medicare advantage. And so I don’t want that to change for her. She’s 85 years old. I shouldn’t have said that, she doesn’t like when I tell people how old she is. Well let’s just say she’s on Social Security and Medicare. And so she can’t afford for that to change for her now and it doesn’t have to. But it’s going to have to look different for me and it’s going to have to look different for my children. It doesn’t have to be dramatically different. Maybe I have to retire a year later than I’m scheduled to and maybe if I’ve been financially successful my benefits aren’t going to grow as fast as they grew for my parents and Medicare could be the option of taking my Medicare money like we do with Medicare advantage and using it to buy a private plan that I like better. These are not unreasonable changes to ask of people my age after everything people like my parents and my grandparents and your parents and grandparents did for us. And if we don’t do that these programs go bankrupt we know that for a fact so we need to begin to talk seriously about how to save those programs otherwise we are going to have a debt crisis at some point. And then people like my mother are going to be negatively impacted. We’re already starting to see that with the Social Security disability fund.