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Social Security Payments Seen This Year
CORN RETURNED from Wash teen attended the hearing of the House and Means Committee considering Social Security changes. Welfare Secretary Folsom told the committee that an increase in payments could be objected to only if Congress raised the wage base to 1% to fund it. Congress would raise taxable wages from 4 000 to 8 00 a year and make dependents eligible for payments. Benefits would rise for workers and survivors, with monthly payments increasing from 108.50 to 190 and survivors’ maximum from 200 to 250 300, and taxes would rise accordingly.
MENTIONED IN THIS ARTICLE
Corn
Wash Teen
House — and Means
Coren
Congress
Ani