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Survey Finds Widespread Support for Options to Address Social Security Funding Word
A University of Maryland School of Public Policy survey conducted earlier this year indicated that there may be widespread public support for a series of key initiatives aimed at addressing the program’s long-term funding shortfall. As reported in a thinkadvisor.com post by Dinah Wisenberg Brin, the survey indicated a “striking” degree of bipartisanship among survey participants on all policy options presented, including raising the full retirement age, specific tax-related proposals, increases in the program’s minimum benefit provision, and benefit boosts for the elderly. Participants also favored benefit cuts for higher earners, along with changes to the way cost-of-living adjustments are calculated. For a full analysis of the survey conclusions, check out Ms. Brin’s post here…