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| 1. |
In These Times / Institute for Public Affairs
Apr. 16, 2013
"Unfortunately, the two sides in this so-called debate are 'cut' and 'cut more' ... Yet none of these positions are rooted in the reality of the collapsing U.S. retirement system. Obama's approach toward Social Security not only is wrong in its diagnosis and prescriptions, but it will be disastrous in its consequences.... A more realistic assessment reveals that the solution to America's retirement crisis lies in the opposite direction -- expanding Social Security, not cutting it."
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| 2. |
In These Times / Institute for Public Affairs
Oct. 16, 2013
"A soon-to-be-introduced bill could allow the trustees of some financially troubled plans, like the Central States Fund, to slash benefits already promised to current retirees. It's not yet clear how big those cuts would be.... While the reform bill's language has not yet been drafted, it is expected to closely mirror a February 2013 proposal, Solutions not Bailouts, from the National Coordinating Committee for Multi-Employer Plans (NCCMP)[.]"
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