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Commission Defends Social Security report changes
Washington CAP report notes co chair Richard Parsons said the system is not doomed though it may not work perpetuity. Moynihan cautioned no benefit cuts before the system goes broke in 37 years as protests gathered outside the meeting. Critics say the interim report manufactures crisis to push private accounts as hearings begin and a fall plan is prepared.
MENTIONED IN THIS ARTICLE
Washington
CAP
Bush
Social Security Commission
Richard Parsons
AOL
Time Warner
Commission
Parsons
Daniel Patrick Moynihan
D-N-Y
Moynihan