Rumor Control: Moynihan Not Leaving

October 17, 2001

The hot rumor in Washington last week was that former Senator Daniel Patrick Moynihan was resigning as co-chairman of the President's Committee to Strengthen Social Security, supposedly unhappy over the commission's refusal to postpone its report until spring. The report sparked a flurry of press inquiries and speculation. However, sources close to the commission quickly reported that there was no truth to the story--Moynihan remains co-chairman and expects to complete the commission's work. In fact, it now appears that the rumor was being spread by the offices of some congressmen opposed to privatization.

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