Washington Social Security debate grows as 1999 overhaul eyed
Washington politics shift as President Clinton pushes a Social Security revamp for 1999 amid a fiscal crunch from aging baby boomers. Republicans increasingly discuss stock market investment and personal retirement accounts, while many lawmakers remain nervous about touching the touchy issue and potential political backlash. A Tuesday report notes the rising talk but warns against rapid demagoguery in shaping any overhaul.
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Washington
Clinton
Mark Sanford
R-S.c
Bob Dole
Senate
GOP
Chamber
The
Rick Santorum
R-Pa
Strong economy delays doom date
Washington AP report shows Social Security trustees raise insolvency projection by three years to 2082 due to growth, lower unemployment and low inflation. It notes no immediate crisis yet but urges action now to avoid future cuts and previews political maneuvering over reforms and personal retirement accounts.
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Washington
Social Security Trust
Clinton
Social Security Board of Trustees
Social Security
Kenneth Apfel
Mr. Apfel
Treasury
Robert Rubin
Health and Human Services
Donna Shataia
Lott Neto threaten abortion curbs become law debate
The Senate approved a bill to block U N dues and set abortion restrictions tied to foreign aid. President Clinton vowed a veto citing the provision as extraneous while White House officials urged separating this issue from IMF and U N funding priorities. The House had passed the measure, sending it to Clinton with a narrow 51 to 49 vote.
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Washington
Senate
House
United Nations
White House
Clinton
U.N
Trent Lott
R-Miss
Congress
Lott
Barry Torv
Torv
State Department
Rose Garden
International Monetary Fund
United States
U.N. General Assembly
U.S
US N
Security Council
Senate vote looms on next minimum wage increase
Advocates, led by President Clinton, push for a Senate vote as early as next week on raising the minimum wage to 6.15 per hour by 2000, a move supported by a broad public majority but challenged by restaurants and small businesses worried about hiring costs. Senator Ted Kennedy plans a test vote on the amendment to gauge Senate support, with implications for the House and November elections.
MENTIONED IN THIS ARTICLE
Washington
Senate
Clinton
Ted Kennedy
Dmass
Kennedy
Sen
Jim Manley
IRS admits some agents get away with corruption
Treasury officials testified before the Senate Finance Committee on IRS abuses. Desjardins said whistleblowers face career destruction while corrupt agents retire or receive promotions. Patsalides cited cases of threatened audits, unpaid firings, and a missing car theft record. Lott pressed for reforms to shield taxpayers and curb corruption.
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Washington
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IRS
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Desjardins
Senate
FBI
CIA
William Webster
Harry Patsalides
Patsalides
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Equal Employment Opportunities Office
Trent Lott
Mississippi
TRS
GOP push to end the marriage tax penalty
Lawmakers and conservative groups back legislation to end the marriage penalty which can cost married couples up to 1400 annually. Sponsors Rep Jerry Weller and Rep David McIntosh say eliminating the penalty should be central to 1998 tax relief. They note current law taxes joint filers at higher brackets and hope surplus funds or welfare cuts offset the revenue loss.
MENTIONED IN THIS ARTICLE
Washington
Jerry Weller
R-Il
David McIntosh
R-Ind
Wally Herger
R-Co
Weller
McIntosh
Mr. Weller
Poor Families Face Crisis of High Rent in Economy Boom
Washington AP reports 5.3 million low income American families are bypassed by a booming economy, facing unaffordable rents. Housing Secretary Cuomo urges Congress to support Clinton's housing aid budget, noting 12.5 million eligible but lacking HUD subsidies due to financing gaps.
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Washington
Andrew Cuomo
Cuomo
Congress
Clinton
Mr. Cuomo
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