Lawmakers push private Social Security investment accounts
Washington lawmakers from both parties debate private investment accounts to shore up Social Security. Moynihan and Kerrey propose allocating 2 percent of payroll tax to stock market investments, aiming for a thrift plan that could boost retirement prospects. Gramm and Forbes back wealth creation via investment, while Deets notes risks and potential incentives to save.
MENTIONED IN THIS ARTICLE
Washington
Daniel Patrick Moynihan
D-N.y
NBC
Meet the Press
Moynihan
Bob Kerrey
D-Neb
Kerrey
CBS
Face the Nation
Phil Gramm
Texas
Gramm
Steve Forbes
Forbes
Horace Deets
American Association of Retired Persons
Deets
Worshipers gather amid tornado wreckage in Nashville
Congregations paused tornado cleanup to worship in tents and damaged churches across Tennessee. St. Ann's Episcopal, demolished by the storms that killed six, confirmed 10 new members beside the rubble. Flooding eased but evacuations continued in Smoky Mountains and eastern Tennessee as roads and homes suffered damage.
MENTIONED IN THIS ARTICLE
Nashville, Tenn
St. Ann’s Episcopal Church
Tennessee
Sue Ross
Kentucky
Middlesboro
Tennessee Line
St. Ann's
Tulip Street United Methodist Church
Jerry Dorris
Russell Street Church
St Ann's Episcopal Church
Nashville
Tenn
Preservationists fight to save Paoli Battlefield site
Patrick McGuigan leads the Paoli Battlefield Preservation Fund aiming to raise 2.5 million dollars within 18 months to buy the 40 acre Paoli battlefield near Malvern Pennsylvania. The effort draws support from Rep. Curt Weldon and local donors as developers threaten the site where 1777 clashes occurred and the Paoli massacre is recorded.
MENTIONED IN THIS ARTICLE
Washington
Patrick McGuigan
Pennsylvania
Paoli
Malvern
Congress
Manassas
National Park Service
Tanya Gossett
Service
The
Park Service
Philadelphia
Malvern Preparatory School
McGuigan
Preservation Fund
Curt Weldon
R-Pa
Batefield
David Robertshaw
Daytona Beach gunfight during Black College Reunion ends in fatal shooting
Police traded shots with a gunman on Daytona Beach during Black College Reunion weekend. The gunman was killed, four officers and two bystanders were wounded, including by flying glass. Officials await ballistics tests to determine shooter roles as crowds swelled to about 110,000.
MENTIONED IN THIS ARTICLE
Daytona Beach
Fla
Beach
Clem Malek
Stacey Hall
Florida Department of Law Enforcement
Atlanta
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