Business: Trying to Slow Social Security

White taxpayers howl and a time bomb ticks, Carter asks for cuts

The budget that Jimmy Carter sends to Congress next week will make history in one respect: it will propose the first significant cuts ever made in Social Security benefits. The reductions would not touch the basic payments made to retired people, widows and Medicare patients. Still, a year or two ago, no President would have dared advocate even two-bit trimming of what has long been the most popular and sacrosanct of all Government programs. Carter's plans so far have provoked barely a...

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