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Social Security bill promises big future retirement benefits
The Social Security bill under Senate debate aims to raise monthly benefits far above current levels, with projections of up to 2000 dollars a month for a young worker reaching 65 in about four decades. It includes annual benefit and tax adjustments tied to the price index and wage growth, plus welfare reforms and rising wage bases and tax rates through 2011 and beyond.
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Washington
Senate
Congressional
Franklin D. Roosevelt
Social Security Administration
Senate Committee
Finance Committee
Social Security and Finance Committee