All blog posts are cross posted

Wednesday, April 28, 2010

Paul Ryan and Social Security Reform

I received this in an email from a friend.
SOCIAL SECURITY’S OWN ACTUARIES CONFIRM RYAN’S ROADMAP SAVES SOCIAL SECURITY
The non-partisan Office of the Chief Actuary for the Social Security Administration [SSA] released their official score of the Social Security provisions of A Roadmap for America’s Future . Earlier this year, House Budget Committee Ranking Republican Paul Ryan (WI) introduced an updated version of his Roadmap proposal – aimed to fulfill the mission of health and retirement security, pay off our crushing burden of debt, and spur economic growth.
The Actuaries report confirms earlier findings from the Congressional Budget Office [CBO], which found Ryan’s Roadmap would pay off the long-run actuarial deficit in Social Security, while strengthening the safety net for society’s most vulnerable. By providing common-sense reforms, such as modest adjustments in benefit growth for higher-income Americans and gradual increases in the retirement age, the Roadmap makes Social Security permanently solvent.
Read the letter here.

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