GOP weighs temporary sidestep of personal Social Security accounts
Senate Republicans hint at delaying Bush demand for personal accounts to win Democratic buy in on solvency legislation. Leaders seek a bipartisan path while avoiding full abandonment of the president's plan. Grassley aims for hearings and a solvency bill this summer amid Democratic opposition.
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Post office seeks higher stamp rates to fund escrow
The Postal Service filed a request for a 2-cent rise in first class mail and similar hikes across mail types, lifting regular mail to 39 cents. The increase hinges on a $3.1 billion escrow fund and could be withdrawn if Congress eliminates the requirement. The Rate Commission will hold hearings, taking up to 10 months before any change.
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