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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jan 12, 2005
Page
3
State transportation officials told Congress on Tuesday that without a federal highway bill by April 1 states risk losing millions in funding and thousands of jobs. They urged a timely five year bill with adequate funding to stabilize highway and mass transit programs amid stalled negotiations and multiple extensions.
President Bush pressed Congress to back private investment accounts as a reform to Social Security. He warned lawmakers risking their jobs if they ignore the issue, while Democrats say Social Security will be a key midterm election theme in 2006. The system is projected to run deficits by 2018 and exhaust benefits by 2042.
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