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Wheeler, Merkley tout Social Security’s importance
Without Social Security, 40 percent of Oregon’s retirees would slide into poverty because they didn’t save enough for retirement, state Treasurer Ted Wheeler told a Senate panel Thursday. The popular federal retirement program plays a key role in keeping the poverty rate for the state’s retirees at a more modest 7 percent, Wheeler told a banking subcommittee hearing led by Oregon Democrat Jeff Merkley…Read More
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