Senior citizens balk at proposed income ceilings
Washington report on the Social Security compromise shows conferees keeping earnings limits for 65 plus, linking raises to 1982 while preserving under-65 growth. Illinois lawmakers note costs and risk of turning Social Security into an annuity, with leaders praising solvency but acknowledging political hurdles. Names cited include Rep Dan Rostenkowski, Rep Abner Mikva, and Armco researchers Fred A. Myers and John M. Maxel.