Word: boostings
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Dates: during 1970-1979
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There is no better tonic for a President in trouble than a tour of the horizon aboard Air Force One. Red-carpet welcomes and cheering crowds in far-off places boost his morale and make him a world statesman, not just a politician, to the folks back home. Jimmy Carter prescribed for himself precisely that tonic last September: he was suffering a decline in the polls, and his closest adviser, Bert Lance, was fighting a losing battle for his job. Carter planned to visit nine countries in eleven days, starting Nov. 22. But last week he decided to call...
...year contract grants the workers a 6.8 per cent general increase this year and a further 7.5 per cent increase in 1979, together with benefits that will boost the entire union benefits package by almost 25 per cent over its current level. The pact, which replaces one that expired on September 30, also grants the workers four weeks of paid vacation after five years...
...bills would not pay a major portion of a student's tuition, but would give a needed financial boost to those paying high tuition fees, thus opening up a wider range of school and college opportunities to students, Skip Priest, an assistant to Packwood, said yesterday...
...Boost Social Security taxes in each of the next ten years, with the heaviest increases for those with the highest salaries. At present, the tax is set at a rate of 11.7% on the first $16,500 of an employee's earnings. (No one pays any Social Security tax on earnings above that amount.) Since employer and employee each pay half of the tax, the maximum payment is $965 apiece. The tax rate and the wage base were already scheduled to rise in future years, but the House hiked them much higher and much faster. Someone earning...
...worker will receive from Social Security when he retires increases as his salary rises. Since pay hikes partly reflect inflation, the measure thus inadvertently double-indexed future benefit levels for these workers?about 86% of the people covered by Social Security?to price rises. To eliminate the double boost, the House approved a complex new formula that will keep the average benefit where it is now: at about 43% of the salary that a recipient earned while working...