Basic Facts on Social Security and Proposed Benefit Cuts/Privatization
Publication Date: March 2005
Publisher: Center for Economic and Policy Research
Author(s): Dean Baker; David Rosnick
Research Area: Labor
Keywords: Privatized systems; Retirement benefits; Life expectancy
Type: Report
Coverage: United States
Abstract:
This report gives a background to the debate on privatizing Social Security. It debunks the myth that a crisis is looming, and explains that with no changes whatsoever, benefits can continue well into the future.
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