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Senate panel backs bigger Social Security boosts
The Senate Finance Committee voted for larger Social Security benefit increases than the House plan and a higher tax rate to finance them. It forecasts average future benefits about 110 percent higher, with current $26 basic pay rising to around $43, and family maximum from $85 to $150. Final committee action expected next week.
MENTIONED IN THIS ARTICLE
Washington
Senate
Senate Committee
George
D- Ga
House
Hi George