Word: nonpoor
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Dates: during 1980-1989
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...Lehman Bros. Kuhn Loeb investment house, said that by limiting Social Security COLAs to 2%, the summiteers could have saved the Government $150 billion by the year 2000. "It would have meant $3 a week less" for Social Security recipients, said Peterson. "I don't believe that millions of nonpoor elderly, with pensions and all the other things, would have objected to that difference." But Ronald Reagan set the tone at the outset by announcing that everything except Social Security would be on the table. "When we talk about it in those meetings, we don't say 'Social Security,' " Senator...
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