14 April 2005

Lambro plugged misleading Heritage Foundation Social Security calculator

Washington Times chief political correspondent Donald Lambro promoted a new online Social Security benefits calculator, created by the conservative Heritage Foundation, without informing readers of a crucial flaw in the calculator's methodology. The calculator greatly underestimates the benefits that most workers are scheduled to receive under current law. This flaw allows Heritage to claim that "[w]orkers would receive a higher rate of return under President Bush's plan for personal retirement accounts than they would under the existing Social Security system," as Lambro described in his April 14 article.

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