Rudy: No tax hike for Social Security
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Republican presidential hopeful Fred Thompson suggested raising out-of-pocket costs for higher-income Medicare beneficiaries, and rival Rudy Giuliani ruled out a Social Security tax increase Wednesday in auditions for support from influential economic conservatives.
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There is no looming crisis in Social Security, and Congress should not rush to create private accounts, Rep. Charles Rangel, D-N.Y. said Saturday.
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Social Security taxes will have to rise by half if lawmakers don't revamp the giant program, President Bush's budget chief said Friday as the administration sought support for its overhaul plans.
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WASHINGTON: An ageing US population will strain public finances and hurt the economy without swift fixes to the social safety net, such as raising the age for full retirement benefits, Federal Reserve Chairman Alan Greenspan said yesterday.
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Attorney General Eliot Spitzer of New York denied that he would cede to the federal government any of his existing or previous investigations into business practices.
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Republican presidential candidate Rudy Giuliani ran into a buzz saw of opposition Saturday when he explained his opposition to elimination of the federal income tax and replacing it with a so-called "fair tax" based on consumption.
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Recent claims that the rich do not pay their fair share in taxes donât hold up under close examination.
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Democrat Hillary Rodham Clinton promised retirees that if elected president she will not cut Social Security benefits, raise the retirement age or privatize the taxpayer-funded system.
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President Bush on Thursday ruled out raising taxes to finance the centerpiece of his second-term domestic agenda: a Social Security overhaul to help the system survive an impending wave of retiring baby boomers.
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A senior White House official said  on Sunday that career employees at the Social Security  Administration would not be asked to promote President Bush's  plan to create private investment accounts.
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In this photo provided by Fox News Sunday, Treasury Secretary John Snow discusses social security, tax reform and his future in the Bush Administration on FOX News Sunday with Chris Wallace, in Washington, Sunday, Dec. 19, 2004.
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PORTSMOUTH, N.H.  - President Bush suggested in an  interview published on Wednesday he may be open to raising the  cap on Social Security taxes paid by high-income earners, but  told a crowd in New Hampshire he would reject an increase in  the payroll tax rate.
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Leadership is going to be the single most important issue to Republican voters. That, along with the conservative animus towards McCain, is why Rudy has the edge
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The Supreme Court refused Monday to consider whether former Arkansas Gov. Jim Guy Tucker was wrongly barred from raising new arguments in challenging his 1998 conviction for tax conspiracy.
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Seizing on a report that a plan to privatize Social Security includes raising the retirement age for full benefits to 72, vice presidential candidate John Edwards on Saturday renewed a promise that the Democrats would never raise the retirement age.
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Republican presidential candidate Rudy Giuliani drew jeers Saturday for saying he does not think a flat federal income tax is right for the country.
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Republican John McCain says he opposed President Bush's tax cuts because they didn't come with spending cuts. That is not what he said at the time.