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Congress weighs major Social Security reforms in coming years
Washington report on potential changes to Social Security including raising retirement age to 68, boosting payroll taxes, and reducing or delaying benefits. The piece notes the looming trust fund deficits, the political difficulty of tax hikes, and the risk of a long-term crisis if reforms are not enacted. It cites Rep. J J Pickle and Health Secretary Schweiker, and compares past benefit expansions with proposed curbs.
MENTIONED IN THIS ARTICLE
Washington
Social Security
Congress
Congressional Budget Office
Rep. J.J. Pickle
Dtexas
House
Ways and Means
Rita Ricardo Campbell
Hoover Institution
Reagan
Pickle
Carter
Old Age and Survivors Insurance
CBO
Congressional
Robert Myers
General Treasury
Social Security Administration
General Accounting Office