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Audio: Social Security Plan Combines Privatization and Income Cap Raise
National Public Radio [NPR]Link to more items from this source
Feb. 25, 2005
Excerpt: A proposal that offers a long-term fix for Social Security involves reducing the annual cost-of-living adjustments that compensate retirees for inflation. The plan raises the cap on income subject to Social Security payroll taxes, and adds private accounts as ways to fill the funding gaps in the Social Security program.

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