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|Retirement Reservations: Low Savings Rate Worries Congress|
The Washington Post; subscription may be required
July 25, 2005
Excerpt: Congressional leaders of the drive to overhaul Social Security will limp into their August recess next week, divided and hoping against hope that political magic will resurrect the centerpiece of President Bush's domestic agenda this fall. Out of the Social Security stalemate, however, a separate, bipartisan push is emerging to address an issue that is arguably more pressing: the nation's abysmal savings rate, which most economists see as a broader threat to retirement security.
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