TITLE

Aging costs will bring benefits cuts, payroll taxes

AUTHOR(S)
Smolkin, Sheryl
PUB. DATE
September 2006
SOURCE
Employee Benefit News;Sep2006, Vol. 20 Issue 11, p44
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the possibility that the U.S. investment rating could drop to speculative grade by 2025 unless the government implement some combination of benefit cuts and tax increases. The claim was based on the series of Global Graying Reports released by Standard & Poor's. The implications of aging for fiscal credit ratings are assessed. Several recommendations are presented for the U.S. government to retain its top-tier investment rating.
ACCESSION #
22024488

 

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