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Blessing And Burden Of New Social Security Bill
Washington AP reports the Social Security bill, expected to pass this week, raises taxes starting Jan 1 for 19 million older Americans and 76 million younger earners. The plan expands pensions, healthcare options, and survivor benefits, with tax base rising from 4800 to 6600 dollars, and gradual increases through 1987, potentially easing private insurance costs while raising overall wage-tax burden.
MENTIONED IN THIS ARTICLE
Sterling F. Green
Washington
Congress
Johnson
White House
Congress i