On the recordMay 3, 2005
If Congress chooses to do nothing on this problem, you're either going to have to raise your payroll tax to, some estimate, 18 percent or cut benefits dramatically by 30 percent.
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presidency.ucsb.eduGeorge W. Bush: “If Congress chooses to do nothing on this problem, you're either going to have to raise your payroll tax to, some…”
Editor's note · Context
Remarks in a Discussion on Strengthening Social Security at the Latino Small Business Economic Conference
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