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Political Sparring Over Social Security Increase
Washington AP reports Republicans claim credit for the 7.4 percent cost of living raise to 36 million Social Security recipients while Democrats denounce the move as GOP gall. The increase is statutory, with Republicans preferring immediate changes and Democrats advocating a one year delay. Reagan highlighted the 7.4 percent rise in a news conference, framing it as protection against inflation.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Republican National Committee
National Republican Congressional Committee
House
Thomas P. O'Neill Jr
D-Mass
Congress