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A New Approach on Social Security Reform
James K. Glassman via Tech Central Station
[Opinion] July 21, 2005
Excerpt: I believe the president should focus on putting Social Security on a sound footing. The best way to do that is to adjust benefits by increasing the retirement age, cutting back payments further for those who choose to retire early and indexing the growth in benefits to the consumer price index ... rather than to wages. Raising payroll taxes -- or increasing the ceiling below which those taxes are collected -- should be off the table.
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