President Obama submitted a budget this week that would make significant cuts in Social Security and lower benefits for disabled veterans. “At a time when millions of working families are struggling economically, I am deeply disappointed,” said Sen. Bernie Sanders, a Senate Budget Committee member and chairman of the Committee on Veterans’ Affairs. Under the budget proposal, a 65-year-old retiree would lose more than $650 a year in Social Security by their 75th birthday. A disabled veteran who started receiving benefits at 30 would have their benefits cut by $1,425 a year at age 45 and $3,231 at age 65.
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