WASHINGTON - Pat Moynihan was puzzled. He was speaking in March 1994, on an almost deserted Senate floor, about Social Security but some unlikely people were listening. They were clerks in the front of the chamber - mostly young law school graduates.
... kick in with the explosion of spending on Social Security, Medicare, and Medicaid. You could make t...And that means doing precisely what our representatives refused t...In the short term, that could mean means-testing Social Security and Medicare, increasing the progr...
Pundits chatter about whether [Barack Obama] can win back [Hillary Clinton]'s supporters-women, working families, seniors, Latinos. But [John McCain] has little to offer them. He's anti-choice and pro-war; he supports Bush's trade policies and top-end tax cuts that have so failed most Americans. He's for privatization of Social Security, unraveling employer-based health care and means testing Medicare. These aren't positions that will endear him to seniors, who also have a better sense of what it means to be 71 years old. And Republican insults have repulsed Latino voters. McCain wasn't part of that, but he walked away from his support of comprehensive immigration reform in his pursuit of the nomination. John McCain can't win an election on these issues. So he'll run one on character, e...
... in the 1974 Employee Retirement Income Security Act (ERISA) legislation. Amounts deposited are typ..., which can reduce the potential for Social Security benefits being taxed. Horan and Peterson ... that if one invests in an IRA they had the means to reinvest the RMD but chose not to. IMPACT OF WI... that reduce such benefits, such as means testing, would lessen the negative impact on the IRA value...
CONVENTIONAL wisdom holds that the congressional super-committee established by the debt-ceiling deal to propose further deficit reduction will go nowhere. I'm not so sure. There is a grand compromise to be had. It does, however, require precise sequencing. To succeed it must proceed in three stages. First, tax reform. True tax reform that removes loopholes while lowering tax rates is the Holy Grail of social policy. It appeals equally to left and right because, almost uniquely, it promotes both economic efficiency and fairness. Economic efficiency - because it removes tax dodges that distort capital flows (and thereby diminish productivity) while cutting marginal tax rates (thereby spurring growth). Fairness - because a corrupted tax code with myriad breaks grants deeply unfair advanta...
... the Medicare age and change the Social Security cost-of-living formula. Remember: Tax reform will ...That means real structural changes. That means raising the Me...Perhaps even means-testing Social Security (after one has recouped what one o...
MASSAPEQUA, N.Y., June 3 /U.S. Newswire/ -- Today, concern over the future of Social Security drew AARP members to Long Island for an AARP Social Security town hall forum in Massapequa, N.Y. At the forum, AARP leaders focused on the facts about Social Security's solvency and discussed how current proposals to "means test" and create private accounts by taking money out of the program will cut guaranteed benefits, create a mountain of debt and pass the bill to future generations. Today's town hall is part of AARP's aggressive campaign to educate the public about proposed changes to Social Security and urge Congress to focus Social Security reform on workable solutions, rather than proposals that will weaken the program. Last week, AARP launched a statewide petition drive encouraging it...
... lowering tax rates is the Holy Grail of social policy. It appeals equally to left and right becau... the Medicare age and change the Social Security cost-of-living formula. Remember: Tax reform will ...That means real structural changes. That means raising the Me...Perhaps even means-testing Social Security (after one has recouped what one o...
Applause for Snowe, Collins I see that our Sens. Olympia Snowe and Susan Collins did not sign Grover Norquist's "no new taxes" pledge and I applaud them.
... was fraught with uncertainty and was by no means easy. Instead of folding and moving on when things... Medicare also must reflect changes Means testing is one approach; raising the retirement age is ano...
Applause for Snowe, Collins I see that our Sens. Olympia Snowe and Susan Collins did not sign Grover Norquist's "no new taxes" pledge and I applaud them.
... was fraught with uncertainty and was by no means easy. Instead of folding and moving on when things... Medicare also must reflect changes Means testing is one approach; raising the retirement age is ano...
Many middle class people receive some sort of government entitlement benefit, yet Republicans in Congress are only targeting welfare recipients for cutbacks. These entitlements, such as veterans benefits, Social Security and Medicare, go to people who do not need the money and bloat the budget.
... minority of Americans qualify for certain means-tested entitlements simply because they are needy..... Means-testing is not politically easy, but it is politically fea...
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