UGN Security Forums
My ProfileMember DirectoryLogin
Search our ForumsView our FAQView our Site Rules
View our CalendarView our Active TopicsGo to our Main Page

UGN Security Store
 

Network Sites UGN Security, The GoNix Initiative, Elite Web Gamers, Back of the Web, EveryDay Helper, VNC Web Design & Development
Sponsored Links
Latest Postings
The History Thread...
by Gremelin
09/18/14 12:42 PM
Doom 3
by Cyrez
09/11/14 11:58 PM
Latest Reviews
Topic Options
Rate This Topic
#37394 - 02/26/04 04:39 AM Greenspan Tells Congress to Cut Social Security
§intå× Offline


*****

Registered: 12/03/02
Posts: 3255
Loc: Maryland
Federal Reserve Chairman Alan Greenspan told the House Budget Committee that the retirement age for Social Security should be raised and future cost of living increases should be put on hold. The focus of his advice was on deficit reduction.
Source
Greenspan said: “The degree of uncertainty about whether future resources will be adequate to meet our current statutory obligations to the coming generations of retirees is daunting." Stats show that there is not enough money for future generations.

Democratic candidates for President have criticized Greenspan for his comments. Kerry says "the wrong way to cut the deficit is to cut Social Security benefits." Edwards says Greenspan shouldn't favor extending tax cuts and cut retirement benefits.
_________________________
My New site OpenEyes

Top
Sponsored Links
      
#37395 - 02/26/04 07:04 AM Re: Greenspan Tells Congress to Cut Social Security
Red Mage Offline
Member

Registered: 10/24/03
Posts: 209
Loc: here.
hah.. cost of living increases.. My dad works for the government, and the "cost of living" increase is less than his new taxes
_________________________
Those who say do not know.
Those who know do not say.

Top

Featured Member
Registered: 02/28/02
Posts: 7193
Forum Stats
2148 Members
46 Forums
34758 Topics
69928 Posts

Max Online: 1567 @ 04/25/10 05:20 AM
Top Posters
UGN Security 27920
Gremelin 7193
§intå× 3255
SilentRage 1273
Ice 1146
pergesu 1136
Infinite 1041
jonconley 955
Girlie 908
unreal 860
Newest Members
Tim050, Gecko666, defghi795767, Devo60, ali
2148 Registered Users
Who's Online
0 registered (), 263 Guests and 306 Spiders online.
Key: Admin, Global Mod, Mod
Latest News


Donate
  Get Firefox!
Get FireFox!