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War spending puts a squeeze on Social Security panel

 New spending on the war against terrorism is adding to worries about the long-term financial health of Social Security. The concern threatens to distract a White House commission created by President Bush to weigh options for reforming the Social Security program. The panel strongly favors allowing individuals to invest a portion of their Social Security payroll tax in stocks and bonds.

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War spending puts a squeeze on Social Security panel

BY Tony Pugh

 New spending on the war against terrorism is adding to worries about the long-term financial health of Social Security. The concern threatens to distract a White House commission created by President Bush to weigh options for reforming the Social Security program. The panel strongly favors allowing individuals to invest a portion of their Social Security payroll tax in stocks and bonds.

10/19/2001