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How to mend Social Security

机译:如何修补社会保障

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He is on the march again-this time, at home. In recent weeks, George Bush has tirelessly promoted his plan to reform America's biggest and most popular government programme, the Social Security pension system; and he has kept to that message, despite overwhelming opposition from Democrats and much naysaying from Republicans. Meanwhile, just when you might have expected him to continue his first-term habit of enticing politicians to his side with generous hand-outs, he is proposing a budget that is tough on spending. These two problems—Social Security and the budget—are certainly linked, and both need addressing. Consider, first, the plans for Social Security. This is a giant of a challenge. The payroll taxes that finance the public pension system account for more than 25% of all federal revenue; its payments represent more than 20% of all federal spending. For almost two-thirds of America's pensioners, Social Security payments make up over half their income. And thanks to people living longer and having fewer children, its finances are in trouble.
机译:他再次进军,这次是在家里。最近几周,乔治·布什(George Bush)不懈地推进了他的计划,以改革美国最大,最受欢迎的政府计划-社会保障养老金制度;尽管民主党人强烈反对,共和党人大声疾呼,但他仍坚持这一信息。同时,正当您可能期望他继续他的第一学期习惯,即以慷慨的施舍方式诱使政客们站在他的身边时,他提议的预算很难支出。社会保障和预算这两个问题肯定是联系在一起的,都需要解决。首先,考虑社会保障计划。这是一个巨大的挑战。为公共养老金系统提供资金的工资税占联邦总收入的25%以上;它的付款占所有联邦支出的20%以上。对于美国近三分之二的养老金领取者,社会保障金占其收入的一半以上。而且由于人们寿命更长,孩子更少,因此其财务陷入困境。

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