Commission Report Will Not Be Delayed

October 23, 2001

The President’s Commission to Strengthen Social Security expects to release its final report in early December as planned, according to sources close to the commission. There had been speculation that in the wake of the September 11th terrorist attacks, the commission might delay its report until spring. Commission co-chair Daniel Patrick Moynihan was reportedly seeking such a delay. However, the commission now appears to have reached a consensus that an extension will not be necessary. Sources also report that after a slow start, the commission is now making progress toward developing a plan to allow workers to invest a portion of their payroll taxes in individual accounts.

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