Will the Old Age Reserve Truly Ease the Federal Debt
The article argues that using a large old-age reserve under the social security act to absorb existing federal debt is unlikely. It notes surplus funds would transfer debt to a government agency, creating perpetual interest payments funded by workers and employers, without reducing overall taxation or debt burden.
MENTIONED IN THIS ARTICLE
United States
Shanghai Population Near 3.8 Million Across Three Cities
The Bureau of Public Safety reports Shanghai three-municipality population at 3,813,685, up 269,230 from last year. In Potosi Missouri, refuse ore from zinc mines will be processed for gold, mercury, silver, iridium and platinum content.
MENTIONED IN THIS ARTICLE
Shanghai
Bureau of Public Safety
Potosi
U.R
Missouri
Missouri Reduction Company
Missing Louise Hope Sought in Southwest Region
Police hunt Louise Hope an 18 year old student at Arkans Teachers College Conway after she vanished while ill and returning home for medical attention. Meanwhile Chicago police describe a gang style slaying of Michael J. Galvin 55 a business agent of a Chicago chauffeur and truck drivers union and a Republican ward official. Four shotgun blasts from a closed sedan killed him as he walked on a Chicago street. his union was labeled outlaw by regular leaders.
MENTIONED IN THIS ARTICLE
Southwest
Miss Louise Hope
Sherida Ark
Arkans Teachers’ College
Conway
Miss Hope
Michael J. Galvin
Chicago
Galvin
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