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Article: Omaha World-Herald, Neb., Your Government Benefits Column.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- September 28, 1998
- Author:
CopyrightCOPYRIGHT 1998 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Knight Ridder/Tribune Business News
Sep. 28--Widespread ignorance about Social Security makes it difficult to debate the complex changes needed to preserve the retirement program, Sen. Bob Kerrey, D-Neb., said in an interview.
Kerrey said Americans fail to understand the looming insolvency of Social Security because they have been misinformed by government officials.
"The body politic is lulled into sleep by having a payroll tax that is higher than necessary to pay the bills," Kerrey said.
Kerrey, who advocates reducing the 12.4 percent tax and returning to a pay-as-you-go system, was particularly critical of Social Security ...