Moynihan Proposes Payroll Tax Cut
From Times Wire Reports
Sen. Daniel Patrick Moynihan (D-N.Y.) is proposing changes to save Social Security by cutting payroll taxes, reducing cost-of-living adjustments and encouraging workers to set up retirement accounts, the New York Times reported. He said Social Security defenders should propose changes and not just resist conservative efforts to privatize the program.
More to Read
Get the L.A. Times Politics newsletter
Deeply reported insights into legislation, politics and policy from Sacramento, Washington and beyond. In your inbox three times per week.
You may occasionally receive promotional content from the Los Angeles Times.
