Social Security Financing

Social Security Financing

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Original publisher: Washington, D.C. (P.O. Box 37050, Washington 20013): The Office, [1998]. OCLC Number: (OCoLC)42014613 Subject: Old age pensions -- United States -- Forecasting. Excerpt: ... would only exert influence to the extent that it defines individuals ' investment options and controls shareholder voting rights. On a broader level, individual accounts proposals would fundamentally change Social Security in ways that are not directly related to permitting stock investment. Some proposals would substantially reduce the role of Social Security in helping ensure adequate income, sharing a variety of risks, and redistributing income. Other proposals would do so to a somewhat lesser degree. Finally, although stock investing could delay the trust fund's exhaustion, it cannot fix Social Security by itself. Restoring the program's long-term solvency will still require difficult choices about benefit cuts and tax increases. This concludes my testimony. I would be happy to answer any questions. Page 13 GAO / T-AIMD / HEHS-98-152Original publisher: Washington, D.C. (P.O. Box 37050, Washington 20013): The Office, [1998].

Title:Social Security Financing
Author:U.S. Government
Publisher:Books LLC - 2011-09


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