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He has indicated that he is against privatization, a positive for retirees.
This is a hot-topic issue Vance has shifted on.
Smith said, At one time, Vance expressed support forRep.
Paul Ryans plan to make substantial cuts to Social Security and Medicare.
She added, On balance, I dont see anything to reassure retirees here.
This is another instance where he hasnt given a plan, Smith explained.
This does not provide comfort to retirees.
Other issues would also arise if presidents could influence the Feds interest rate policy.
Prescription Drugs
In a 2022AARP interview, Vance supported lowering the price of prescription drugs for seniors.
Both of these policies should benefit retirees, generally more intensive users of prescription medication than the younger population.
Smith pointed out that anincreased tariff taxwould harm seniors.
Retirees will not have any offset to the additional tariff costs.
Vances support of increased tariffs are a clear negative for retirees.
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