Social Security Funding Pressures and Rising Benefits
The piece surveys ongoing debates over Social Security growth and funding. It notes proposed earnings base hikes from 6600 to 9800 and the approved 5.9 percent tax rate for 1987, with talk of possible rises. It highlights rising benefits including 13 percent increases and Medicare expansion, while warning of inflection points as taxes and costs mount. It cites Robert F. Kennedy's call to fund via the treasury and the politics of insurance versus general revenue financing.
MENTIONED IN THIS ARTICLE
Bruce Biossat
NEA
Washington
Robert F. Kennedy
New York
United States Treasury
U. S. Senate
Kennedy
America
Treasury
Senate
Powell Walks Watts After Rally to Rally Support
Hundreds of Negroes mob Powell as he walks through riot scarred Watts after urging unity. Powell, appearing from Bahamas exile, tells crowds to keep the faith while recalling rioting deaths, expulsion from Congress, and his plan to lecture on the black revolution at universities.
MENTIONED IN THIS ARTICLE
Gene Handsaker
LOS Angeles
Adam Clayton Powell
Powell
Watts
Bahamas
UNCLA
Africa
Asia
Europe
Congress
John Jones
Black Students Association
California
Ronald Reagan
103Rd
Stickley Sees Few Party Switches in Gubernatorial Fight
Raleigh AP John L. Stickley a Charlotte yarn broker and Republican candidate forecasts few party switches from Democrat to GOP will alter the governor’s race. He filed in Raleigh and argues J Melville Broughton Jr will blunt conservative defections while age differences with rival Jim Gardner loom as a campaign issue.
MENTIONED IN THIS ARTICLE
Raleigh
John L. Stickley
GOP
Stickley
Charlotte
U.S
Jim Gardner
R-N.c
The
Elections Board
J. Melville Broughton Jr
Gardner
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Holyoke Mutual
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Himn
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