Senate panel approves big payroll tax rise for Social Security
The Senate Finance Committee backed a plan to shore up Social Security with a higher payroll tax on employers and a smaller but rising tax on workers. Benefits for older retirees are limited to earning caps, while federal workers and general revenue use are dismissed. The plan decouples benefits from inflation by raising the wage base and adjusts tax rates, aiming to rescue the trust fund through payroll taxes.
MENTIONED IN THIS ARTICLE
Washington
UPI
Senate Finance Committee
Social Security
President Carter
One in a Hundred Flood Hits Kansas City Area
The US Geological Survey labeled the Kansas City floods as a one in a hundred event with peak flows around one percent probability. Officials noted several one percent floods can occur in a year, while overall odds remain about one in a hundred. Missouri River levels near Hermann and regional streamflows showed improvement, but Kansas City measurements continued. The drought relief in other regions came at the cost of new floods in California, Utah and Nevada.
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Washington
UPI
Geological Survey
Kansas City
Mississippi
St. Lawrence
Columbia
Ohio
Missouri
Hermann
California
Utah
Nevada
Two fishermen questioned in四 Missouri child murders at Lake of the Ozarks
Authorities arrested two unidentified fishermen on the Lake of the Ozarks and questioned them about the killings of four Swift children ages 1 to 14 while their parents played bingo in a nearby town. The four victims were shot with a 22 caliber weapon. robbbery is not suspected.
MENTIONED IN THIS ARTICLE
Climax Springs
UPI
Lake of the Ozark
Camden County
Missouri Water Patrol
Steve Swift
Gregory Swift
Tonya Swift
Stacy Swift
Rick Porter
Jack Reynolds
Reynolds
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