Snow Says U.S. Social Security Needs to Be Changed
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U.S. Treasury Secretary John Snow on  Monday agreed with recent calls to reform Social Security and  Medicare but offered no new proposals to keep the income and  heath insurance programs for the elderly solvent.
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President Bush will spearhead an  election-style public relations campaign early next year to try  to convince Americans that Social Security is in urgent need of  change but will keep dollar and cent details deliberately  vague, analysts and officials say.
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In a letter to Senate Majority Leader Bill Frist, R-Tenn., Snow called on Congress &quot;to increase the debt limit by mid-November, at which time all of our previously used prudent and legal actions to avoid breaching the statutory debt limit will be exhausted
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ORLANDO, Fla.  - Treasury Secretary John Snow on  Thursday likened President Bush to Ronald Reagan and said  overhauling the U.S. tax system would be a priority for the  Bush administration in a second term.
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US Treasury Secretary John Snow said creating private investment accounts within the Social Security system will help the federal program avoid ``deep cuts&#39;&#39; in benefits or ``huge&#39;&#39; increases in payroll taxes.
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In WASHINGTON story headlined &quot;US Treasury&#39;s Snow-tax code overhaul a priority,&quot; please read in paragraph 7 ...The treasury secretary is the one that speaks for the administration on the dollar... rather than
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Fed chief says quick fix for social safety net programs vital to avoid more painful steps later. JACKSON HOLE, Wyo.  - Rising pressure on US finances from an aging population make it vital to quickly
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EDITOR&#39;S NOTE -- President Bush has made his ambitious proposal to revamp Social Security a priority for his second term. This is one in an occasional series of stories exploring the retirement system, why
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Federal Reserve Chairman Alan Greenspan yesterday urged policy-makers to consider reducing future Social Security and Medicare benefits, saying the nation probably has promised more to upcoming retirees than the economy realistically can deliver.
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In a memo he wrote recently to build the case for a major overhaul of Social Security, Bush aide Peter Wehner said Americans had to understand that "the current system is heading for an iceberg."
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LONDON  - US Treasury Secretary John Snow cited a &quot;shared responsibility&quot; to fight global economic imbalances while acknowledging that big US deficits need to be tackled.
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Third in a series of occasional articles examining the economic and political stakes involved in the Bush administration's proposed overhaul of Social Security.
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President Bush challenged a hesitant Congress on Wednesday to "strengthen and save" Social Security, saying the nation's costliest social program was headed for bankruptcy unless changed. Bush's plan would cut guaranteed retirement benefits for younger Americans but would not affect checks for people now 55 and older.
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US President George W Bush has vowed to push through big reforms to the Social Security programme in his next term. &quot;Now is the time to work together to confront the problem... the crisis is now,&quot; he told
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President's plan to overhaul Social Security reflects bigger fight of free market vs. safety net.
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Social Security and tax code changes could strain the federal budget. The president could use a rising GDP.
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Privatization of Social Security is in the wind. For weeks, the Bush administration has been filling the sky with trial balloons. Unfortunately, the proposals being floated do little to address the two fundamental flaws of Social Security.