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Commission agrees on up to 200 billion in Social Security needs
A 15 member National Commission on Social Security Reform concluded the system will require as much as 200 billion in new revenues or benefit cuts by 1990 and that enhancements to payroll taxes and curbing cost of living adjustments will be key. It urged removing Social Security from the federal budget and considered a fail safe if estimates falter.
MENTIONED IN THIS ARTICLE
Washington
UPI
U.S
National Commission On Social Security Reform
Commission
Alan Greenspan
William Armstrong
R-Corp
Robert Ball
Social Security
Senate Aging Committee
John Heinz
Reagan
Senate Finance Committee
Bob Dole
R-Kan