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The Boston Globe


Future seniors may see benefits tied to means testing

WASHINGTON — Mitt Romney wants to save Social Security and Medicare partly by cutting benefits for higher-income recipients. President Obama also sees wealthy Americans as part of the solution but suggests instead raising their premiums or payroll taxes.

The fact that both presidential candidates back some form of so-called “means testing” suggests that millions of future seniors will probably end up paying more, or getting fewer benefits — no matter who wins the White House.

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