Can the rich, famous save Social Security?
By Dennis Cauchon, USA TODAY
Wed Jun 1, 6:33 AM ET
Can Tiger Woods save Social Security?
The question is not as far-fetched as it sounds. President Bush broke political orthodoxy April 28 when he proposed that Social Security benefits grow more slowly for "better off" workers than low-income workers.
The president's proposal raised the tantalizing question: Can Social Security be fixed on the backs of the wealthy - leaving most Americans unscathed?
The populist theme of targeting the affluent has become one of the most talked-about approaches for solving the retirement system's financial problems. Like his call for individual investment accounts, the president's willingness to discuss treating the rich and poor differently has opened a new chapter in the Social Security debate.
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