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Concord Coalition Releases Review of Bush and Gore Proposals
July 14, 2000
The Concord Coalition released
a Report
Outlining Gore & Bush Social Security Reform Proposals. While highlighting
the good points of each plan, the authors conclude that "neither plan even attempts
to rein in the long-term cost of the program. Moreover, it is questionable whether
either would result in any net new savings since neither provides new funding
by raising new revenues or reducing promised benefits."
Nearly two-thirds of those under 30 years old don't think Social Security will be able to pay them any benefit when they stop working. Fifty-seven percent of people 30 to 49 years old agree.
[Details...]