Bush: No Social Security Cuts for Retirees
President Bush says his administration won't cut Social Security benefits for retirees or those about to retire. Bush's comments follow calls from Federal Reserve Chairman Alan Greenspan to reduce the federal deficit through adjustments to Social Security and Medicare. Greenspan did not suggest cuts for current beneficiaries, but did urge lawmakers to raise the eligibility age for retirees. Hear NPR's Jack Speer.
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