The White House last month considered offering specific benefit cuts and tax increases to shore up Social Security's finances, but ultimately decided to back off.
Officials weighed suggesting that Congress raise the ceiling on wages subject to the Social Security payroll tax and allow benefits to rise more slowly than under current law, according to three people familiar with the deliberations. The hope was to engage Republicans in talks.
But aides decided against putting forward the ideas, sure to be unpopular, without a clear signal from Republicans that they were ready to talk. As a result, the budget President Barack ...
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