Summary
The future of Social Security is unclear as the debate on how to fix the system is just beginning.
President Bush hopes to dispel pessimism about Social Security among younger workers by allowing them to invest a portion of their payroll taxes in private accounts (4 percent of salary carved out of the 6.2 percent tax now withheld for Social Security), offering the possibility of higher investment returns in exchange for a smaller guaranteed benefit.See the full content of this document
Extract
Fears About Social 'Insecurity' Abound
Critics, including AARP, the powerful senior-citizen lobbying group, argue that Social Security is an ins...
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