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Tuesday April 12, 12:33
AARP in talks with the White House over social security
(by Olivia Cohen)

The nation’s biggest senior-citizen’s group AARP held talks with the White House officials discussing the ways for compromise over the fiercely criticized Social Security plan.

AARP is one of the biggest opponents to the Bush administration plan. The group is expected to discuss taxes, benefit cuts and retirement age in the White House.

``If we could get the private accounts, the carve-outs as we call them, out of the way, I think we could get to solvency fairly quickly,’’ said AARP’s chief executive Bill Novelli.

AARP says what it opposes is the overshadowing of private accounts. The group received support of the majority of congressional Democrats.

The Bush administration offered to allow workers to invest about one-third of their payroll tax in personal accounts and received fierce opposition from the Democrat Congressmen. Some Republican senators made an attempt to solve the problem by bringing Democrats to the negotiation table.

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