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IBD'S TOP 10.(A)
GOP, Moderate Democrats
Help Bush Clinch Budget
1The White House and top congressional Republicans tentatively resolved the last major issues. The House and Senate may vote Thursday on a final 2002 budget. The president settled for an 11-year, $1.35 trillion tax cut. The tentative agreement allows spending for education, defense and many other annually approved programs to grow to $667 billion, 5% more than this year's $635 billion. Sen. John Breaux, D-La., predicted passage.
House Easily Passes Bill
Easing 401(k), IRA Limits
2Approved on a 407-24 vote, the bill would save taxpayers $52 billion over 10 years. It gradually raises tax-deferred contribution limits for individual retirement accounts from $2,000 to $5,000 by 2004 and for 401(k)-type plans from $10,500 to $15,000 by 2006. People 50 and over would get "catch-up" provisions raising their limits more quickly. It must pass the Senate, where a nearly identical bill died last year. President Bush has spoken favorably of the measure, which could boost the low U.S. savings rate.
Economy Slow In March,
- Social Security Q &A
- Newspaper article from: The Boston Globe August 27, 1995 700+ words
...need to work to become vested for Social Security disability benefits? A. The amount...future every time your employer takes Social Security taxes out of your pay. When you retire...eligible for retirement benefits from Social Security and you'll want to have additional...
- SOCIAL SECURITY Q&A
- Newspaper article from: The Boston Globe August 27, 1995 700+ words
...need to work to become vested for Social Security disability benefits? A. The amount...future every time your employer takes Social Security taxes out of your pay. When you retire...eligible for retirement benefits from Social Security and you'll want to have additional...
- Social Security sellout.(COMMENTARY)
- Newspaper article from: The Washington Times March 9, 2005 700+ words
...out to sell personal accounts for Social Security with the message they don't really...totally wrong. The chief actuary of Social Security has already scored four proposals...as achieving permanent solvency for Social Security. But the White House staff doesn...
- Social Security: a women's issue.(LETTERS)(FORUM)
- Newspaper article from: The Washington Times March 14, 2004 700+ words
...all the benefits it has promised under Social Security. In coming weeks, the Social Security Board of Trustees will release an annual...trustees' report has warned looming Social Security deficits must be addressed. These warnings...
- Social Security as its own Enron.(COMMENTARY)
- Newspaper article from: The Washington Times April 4, 2002 700+ words
...connection between President Bush's Social Security reform plans based on personal retirement...I don't want to destroy their Social Security system." Sen. Joseph Lieberman...Corzine of New Jersey beat the Enron-Social Security analogy like a drum. But guess what...
- Social Security: For the Vast Majority, the Tax That Never Stops
- Newspaper article from: The Washington Post JERRY KNIGHT April 18, 1989 700+ words
...higher state and local levies and social security taxes, so we still have to spend...used to be accompanied by a genuine Social Security Freedom Day when everybody's paychecks...fund. This year there will be no Social Security Freedom Day for 93 percent of Americans...
- Social Security in crisis? Hardly.(FEATURES)(CURRENTS)
- Newspaper article from: The Christian Science Monitor Francis, David R. December 3, 2007 700+ words
...own party when he recently said that Social Security faces a "crisis." Senator Obama...talk about it." The Trustees of the Social Security system, in their report last spring...productivity stalls for decades (Social Security benefits are linked to wage levels...
- Social security surpluses.(system's financial problems)
- Magazine article from: Strategic Finance Hyde, Gerald November 1, 2005 700+ words
As a reader of Social Security Trustees Reports since the system...communications through the years regarding Social Security. This article gives the information...paid $58 billion more into the Social Security trust than was paid out in benefits...
