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.eduIf 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.
Remarks in a Discussion on Strengthening Social Security at the Latino Small Business Economic Conference
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