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This means that today, a 30 year old worker will face a twenty seven percent benefit cut when he or she reaches the age of retirement.
How can this problem be fixed and will President Bush's new plan to reform Social Security work? The answer is yes. The problem with old the system can be fixed, and best way to fix it is though reform...
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The problem with old the system can be fixed, and best way to fix it is though reform. President Bush's plan to reform Social Security is fairly simple; it calls for the money to be put into personal retirement accounts. This means younger workers would be given the chance to put a part of their payroll taxes in personal retirement accounts with their names on them...
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