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These files explain in plain simple terms the problems facing Socail Security. They also identify analysis of potentail solutions to the problem. |
A.J. Altmeyer, Chairman, Social Security Board Before the House Ways and Means Committee November 27, 1944. “There is no question that the benefits promised under the present Federal old-age and survivors insurance system will cost far more than the 2 percent of payrolls now being collected. ....On the basis of 7-percent-level annual cost it may be said that the reserve fund already has a deficit of about $16,500 million.” |
PRESIDENT ROOSEVELT'S MESSAGE TO CONGRESS, TRANSMITTING THE REPORT OF THE COMMITTEE ON ECONOMIC SECURITY |
What went wrong with Social Security?
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What are possible solutions for Social Security?
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What is the worker to retiree ratio since 1940?
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What Social Security tax is required to pay scheduled benefits?
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How does increasing the retirement age affect the worker and Social Security's cash flow?
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What affect does reducing COLA have on your benefit and Social Security's cash flow?
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What affect does increasing the wage base have on your benefit and Social Secuirty's cash flow?
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What if we taxed all income? What affect would this have on Social Secuirty's cash flow?
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What affect does changing the index used for Social Secuirty have on its cash flow?
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