caption: Incremental Reforms There are a number of incremental reform approaches:
exif: {"Image DocumentName": "Incremental Reforms There are a number of incremental reform approaches:", "Image ImageDescription": "Raise payroll taxes further: An increase from 12.4% to 14.3% solves financing problems for the next 75 years; raising it to 15.9% solves it forever. Extend the base of taxable wages: Some workers are not covered by Social Security, and would represent a net gain in the financial position of the program. Raise the retirement age: The FBA has not moved up in lock-step with life expectancy. Lower benefits: Lower rates at which the AIME is translated into the PIA. Alternatively, the government could adjust the indexation rate. Means-test the program: Another possibility would be to tax benefits for higher income households.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}