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Reagan shifts stance on Social Security solvency plan
President Reagan tells House Speaker O Neill and Senate Majority Leader Baker he is not wedded to a single fix and seeks bipartisan action to save Social Security. He warns lawmakers a “sword of Damocles” hangs over millions if action stalls, while pledging three guiding principles and ruling out aging or tax shifts.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Congress
House
Thomas P. O’neill
Senate
Howard Baker
Damocles
White House
GOP