http://www.fool.com/retirement/2016/12/17/surprise-republicans-just-introduced-a-bill-that-w.aspx

Johnson's legislation would increase the full retirement age from 67, which is the current expectation of people born in 1960 and after, to 69 years of age by 2030. That’s thirteen years from now, so generation-X be prepared to work two extra years.

Individuals earning in excess of $85,000 and couples with more than $170,000 in earnings would have their COLAs completely cut out beginning in December 2018. While the cost of living will steadily go up, your income will remain the same. That’s not what seniors look forward to in retirement.

In other words, by raising the age of retirement it will force seniors to work longer, thus sucking the life out of them and leaving them with less years to enjoy their senior years. This will affect our grandchildren bigly.