The Mudcat Café TM
Thread #67320 Message #1123985
Posted By: Johnny in OKC
25-Feb-04 - 09:26 PM
Thread Name: BS: Greenspan Says Cut Social Security
Subject: BS: Greenspan Says Cut Social Security
Just a little something I overheard on the News Hour.
Evidently Alan Greenspan, Chairman of the Federal Reserve, is now concerned about the growing deficit. Rather than letting the tax-cut expire, he feels it would be better to reduce Social Security benefits for those still working, when their retirement arrives.
Finally someone in the Administration has said it out loud.