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Study Says Raising the Retirement Age Is Wrong Direction for Social Security (PDF)
Christian Weller, Economic Policy Institute [EPI]
Oct. 20, 2000
"George W. Bush's plan to allow a certain amount of Social Security revenue to be funneled into private retirement accounts not only fundamentally changes the nature of the current system but would be costly. Bush cedes that the private accounts might be paid for by benefit cuts or raising the retirement age, meaning that 35-year-old workers in 2002 would have to work an additional six or seven years before they could receive full retirement benefits."
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