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By John R. Bolton
The president fiddles at his domestic altar while the world burns
Independent voices from the The Washington Times Communities
Topic - Donald Fuerst
"Social Security is not running out of money now, and many options exist to maintain the long-term solvency of the program," said Donald Fuerst, senior pension fellow at the nonpartisan academy. "But waiting too long to make these fixes will cause greater hardship to retirees and taxpayers."
The new system is riskier because there is no guarantee that pension funds will earn more than today's low interest rates, said Donald Fuerst, senior pension fellow with the American Academy of Actuaries.