While he hasn't formally announced he's running for president, Governor Christie made a statement this week implying some major changes need to happen nationwide. According to him, Medicare and Social Security need serious reform, including a means test and a higher retirement age.

(Governor's Office/Tim Larsen)
(Governor's Office/Tim Larsen)
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Entitlement spending is "growing the deficit and slowly but surely taking over all of government," the governor said during a town hall meeting in New Hampshire. "In the long term, it will steal our children's future and bankrupt our nation."

Christie said his plan would take effect in 2022, and would not impact seniors who are enrolled in entitlement programs or approaching retirement, although it would increase the eligibility age for Medicare retirement over the course of forty years. The plan would also use a sliding scale for Medicare payments, meaning "those making $196,000 or more would pay 90 percent of their premiums out of pocket," according to a report by CBS.

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