Sentence examples for drastic benefit from inspiring English sources

Moreover, Bush's proposals won't fix social security - unless they are accompanied by drastic benefit cuts.

All three options would require drastic benefit cutbacks and large infusions of money from outside the system to keep it solvent.

Right now there are about 3.4 workers for every retiree; by 2030 there will be only 2. So a pay-as-you-go system would be forced into drastic tax increases, drastic benefit cuts, or both.

Under this new legal regime, the giant Central States Pension Fund (CSPF) applied last September to impose drastic benefit cuts on its 400,000 participants, claiming that the fund is projected to become insolvent in ten years.

But Central Falls is widely held up as a national worse-case scenario when it comes to the drastic benefit cuts public employees could face because of unfunded pension liabilities.

He said workers across the state recognized, and wanted to avoid, a "drastic reduction of benefits".

The American public will not really accept the kind of drastic cuts in benefits that would be needed to solve the entitlement crisis.

We all know the painful choices ahead if America stays on this path: massive tax increases, sudden and drastic cuts in benefits, or crippling deficits.

Here we have a Democratic president, who has appointed a panel designed for the sole purpose of making drastic changes to benefits.

And we all know the painful choices ahead if America stays on this path: massive tax increases, sudden and drastic cuts in benefits, or crippling deficits.

"If we wait, even until the next president is elected, our ability to improve the system without drastic changes involving large benefit cuts or tax increases will be lost," he said.