We should gradually raise revenues and trim benefits in a way that establishes long-term solvency without hurting vulnerable seniors.
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It is, however, an issue in terms of its long-term solvency and health.
Pension funds and insurance companies, which in theory have long-term investment horizons, are preoccupied with short-term solvency and accounting.
We can renew our commitment to seniors in Medicare and pursue the kind of reform required to achieve its long-term solvency.
But how can lawmakers and advocacy groups build a consensus with the dual aims of securing long-term solvency and modernizing the system?
And the states, cities and counties that issue municipal debt sense the hunger in the market and are raising billions of dollars of cash, even as long-term solvency risks remain unresolved.
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The markets will not be fooled for long if there is no robust mechanism to ensure countries address long-term solvency problems and or to allocate losses if all the debt sours remains unresolved.
The plan proposed by Mitt Romney and Paul Ryan to reform Medicare would have put that program on a path toward long-term solvency, without making any changes to the program for anyone over the age of 55.
But despite the supposed anxiety on both sides, especially the Republican one, about America's long-term solvency, there was no mention of any future efforts to trim America's deficit, which was 8.9% of GDP in the last fiscal year.
And the reason, when we talk about Social Security, even though it is not a driver, it is not the problem when we talk about our deficits, it does have long-term solvency issues that can be -- that can be addressed and we can strengthen the program.
This is all positive news for the Red Devils, though some have doubts about the long-term financial solvency of the Glazer family.
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When the ECB lengthened term loans it assisted addressing solvency and credibility, these actions simultaneously deterred a credit squeeze.
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