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Solons Won't Get Vote Edge From New SS Legislation
Democrats on the Senate Finance Committee advanced an election oriented Social Security package but undecided timing leaves action after the November elections. The panel approved a 10 percent across the board increase next January and set a minimum monthly payment for about 40 percent of retirees. The House favored 5 percent and 20 dollars minimum. Senate aims to complete work by Oct. 9 though debate likely post elections. The measure could become the vehicle for welfare reform, with overall costs rising about 3.7 billion versus the House version. Frontrunner changes trimmed 1 billion to meet financing, leaving 2.7 billion to fund. Secretary Hodgson announced Paul J. Frasser to head the $25 billion manpower program in Labor.
MENTIONED IN THIS ARTICLE
Washington
Senate Finance Committee
Senate
House
White House
Russell B. Long
D-La
Fred R. Harris
D-Okla
Nixon
Long
Secretary of Labor
J.D. Hodgson
Paul J. Frasser
Pittsburgh
Labor Department