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Regional News

Defazio Has a Plan for Social Security


Oregon Congressman Peter DeFazio has a plan to solve the social security crisis. The bill would stop government borrowing from the trust fund, and it would expand the tax beyond the first $106,0000 of income. DeFazio’s plan would also change the basis for inflation so it would include increases in health care and prescription costs. Actuaries that run Social Security say DeFazio’s plan would keep the system running for the foreseeable future.

 

 

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