FDR created social security–and Ronald Reagan saved it… Hard to remember but when Social Security was supposedly facing a financial bind back in the 1980’s, Reagan made a deal with Tip O’Neill (then-Speaker of the House in the days when Democrats still controlled Congress): no benefit cuts and a hike in taxes. True, it was […]
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Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "Tip O’Neill"
Ronald Reagan Saved Social Security
Posted on 08 January 2005.
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