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Power Breakfast: To Raise, Or Not To Raise The Retirement Age

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In the discussion over whether Social Security is stable -- and if so, for how long -- members of this Congress are picking sides. While some favor raising the retirement age, others want to compensate for the demographic shift by requiring wealthier Americans to pay more into the system.

The government withholds Social Security taxes only on the first $106,000 dollars in annual income. Sen. Tom Harkin (D-Iowa) is pushing a bill that would raise that cap.

"Why is it that someone who makes $50,000 a year pays on every last dollar they make to pay into Social Security?" he asks. "But someone who makes $500,000 a year only pays on 20 cents of every dollar. Why is that?"

The rhetorical battle is between raising taxes on one side and adding years to Americans' working lives on the other. In the end, the answer may involve both. On this much, Sen. John Barrasso (R-Wyo.) speaks for many in Washington.

"At least we have to have a discussion about the best way to make sure to we can strengthen and secure Social Security," he says.

The bipartisan "Gang of Six" senators is expected to submit a plan for social security when they return from April recess.

WAMU 88.5

Remains In Jamestown Linked To Early Colonial Leaders

Scientists from the Smithsonian's National Museum of Natural History and The Jamestown Rediscovery Foundation say they've identified four men buried in the earliest English church in America.
WAMU 88.5

The Democracy Of The Diner

Whether the decor is faux '50s silver and neon or authentic greasy spoon, diners are classic Americana, down to the familiar menu items. Rich, poor, black, white--all rub shoulders in the vinyl booths and at formica counters. We explore the enduring appeal and nostalgia of the diner.

WAMU 88.5

D.C. Council Member David Grosso

D.C. Council Member and Chair of the Committee on Education David Grosso joins us to discuss local public policy issues, including the challenges facing D.C. Public Schools.

NPR

Twitter Faces Challenges As It tries To Balance Profitability, Popularity

The social network Twitter is popular with users, but that's not enough. It also needs to be profitable, and by its 140-character nature that's a challenge.

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