Exact(8)
She said she would resist increasing payroll taxes or cutting benefits until trying a broad range of cost controls.
Increasing payroll tax contributions could make the problem worse, by possibly reducing the incentives for workers to continue working.
He said he would consider raising the retirement age as well as increasing payroll taxes, but he ruled out privatizing the federal program.
Among their deals was the 1983 law preserving Social Security by reducing benefits and increasing payroll taxes, and the 1986 tax code overhaul.
Their letter added: "Extending the interest-free loans would allow states to avoid increasing payroll taxes, reducing benefits, or both, while the economic recovery continues".
Peter Diamond from the Massachusetts Institute of Technology has suggested increasing payroll taxes to pay for increased spending on Social Security.
Similar(52)
Typically we'd expect to see flat or increasing payrolls at this point after the jobless claims peak.
Rents have been soaring, the tight labor market is increasing payrolls and Barnes & Noble has increased its investment in its stores' computer systems, he said.
City officials said Thursday's agreement would increase payroll costs by $540 million over the four years.
In January, Congress effectively increased payroll taxes by declining to extend a temporary tax holiday.
It is unclear whether the front office will be allowed to substantially increase payroll.
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