Social Security Reform
Senator Moynihan spoke about his proposal to ensure solvency for the U.S. social security system. He proposed cutting payroll tax rates whil… read more
Senator Moynihan spoke about his proposal to ensure solvency for the U.S. social security system. He proposed cutting payroll tax rates while increasing taxable income and ensuring that the revenues are put into a truly separate fund rather than pooled with all tax revenues. He also talked about the political difficulties of social security reform. After his remarks, he took questions from the audience. Former Senator Simpson is director of the Institute of Politics at Harvard. close
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