House votes to repeal Social Security earnings limit
The House approved a bill 422 to 0 to repeal the Social Security earnings limit, costing an estimated 22.7 billion over 10 years. Supporters say more workers will boost payroll tax contributions, while Democrats warn it’s only a first step in broader senior protections.
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House
Washington
Clinton
Senate
Congress
Bill Archer
Texas
Congressional
Social Security Trust Fund
Social Security Administration
Dennis Hastert
GOP
E. Clay Shaw
R-Fla
Gene Green
Bob Menendez
D-N.j
Construction spending climbs 2.7 percent in January
U S construction outlays rose 2.7 percent in January to a seasonally adjusted annual rate of $751.8 billion, the highest monthly total on record. Government projects surged 4.2 percent led by highways, while private nonresidential activity rose 3.2 percent and residential spending gained 2.5 percent as mortgage rates edged higher.
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Washington
Commerce Department
Federal Reserve
David Seiders
National Association of Home Builders
Fed
Richard Yamarone
Argus Research Corp
Army to provide lawyers for some Korea War veterans
The Army will provide legal counsel to Korean War veterans questioned over role in a 1950 No Gun Ri massacre allegation. Secretary Caldera called the request reasonable, while noting criminal liability remains possible and investigations may proceed without ruling out prosecutions.
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Washington
Army
Louis Caldera
Caldera
Ae.mm
No Gun Ri
Associated Press
South
U.S
United States
South Korea
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