At a time when the gulf between the candidates seems unbridgeable on many issues, the fact that both candidates embrace the means-testing concept marks a turning point that is likely to have an impact on tens of millions of Americans — no matter who is elected president. Some version of means testing is likely to be a centerpiece of a proposed “grand bargain” on entitlement reform and deficit reduction, with future retirees who reach higher income levels likely to bear a significant part of the burden.
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