Commission backs Social Security changes to avert shortfall
A sharply divided National Commission on Social Security warned all three trust funds may run insolvent by end of 1983 without steps. It recommended using general revenues, a 2.5 percent surtax, expanded coverage for government workers, and a gradual rise in retirement age to 68. The panel also urged a new cost of living index for the elderly to base benefit increases.
MENTIONED IN THIS ARTICLE
Washington Star
Washington
Congressional Commission
Commission
National Commission On Social Security
Congress
Senate Budget Committee
Ernest F. Hollings
D-S.c
Pete V. Domenici
R-N.m
Congressional Budget Office
CPI
Domenici
Treasury
Medicare
Social Security
Reagan
United States
Federal
Old Age and Survivors Insurance Trust Fund
Federal Disability Trust Fund
Federal Hospital Insurance Trust Fund
California Grown Kitchen Accessories Freshen Spring Table
A Domestics advertisement offers California Grown kitchen accents to brighten homes for spring. Choose orange or lemon slice placemats and potholders, orange towels, or straw placemats in earth tones to mix and match. Bring California spirit home.
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California
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