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Social Security benefit cuts eyed

Bush plan targets future payments

By Michael Kranish
Globe Staff / December 12, 2004

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WASHINGTON -- President Bush, who has promised that his plan to allow private investment accounts in Social Security would give workers a ''better rate of return," is seriously mulling a companion effort that could cut future promised retirement benefits for millions of workers by 6 percent, even when potential gains from private accounts are included, analysts said. (Full article: 1395 words)

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