Word: congressmen
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Dates: during 1970-1979
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Appalled by these prospects, and still more by voter fury, Congressmen are searching for ways to roll back the tax boosts. The increases are unavoidable if payouts continue to rise at their present superheated rate-from $39 billion as recently as 1970 to an expected $135 billion this year and almost $250 billion in 1985. Falling birth rates shortly will reduce the supply of new workers available to pay taxes, and people are living longer, thus collecting benefits for many more years than the architects of the Social Security Act of 1935 ever anticipated...
...President, however, faces much less success with his proposal for "real wage insurance." Under it, groups of employees who settle within the wage guidelines would get income tax credits if inflation were to rise above 7% this year. The measure goes to Capitol Hill this week, but so many Congressmen believe that the plan would be an administrative nightmare that it is virtually dead...
...aegis of the conservative American Security Council, the Coalition for Peace Through Strength is poised to swing into action the minute signatures are dry on a SALT accord. Full-page ads are ready to be inserted in newspapers around the country. The coalition, which counts 175 Senators and Congressmen among its sponsors, has already lined up 89 special-interest organizations to support its antitreaty drive. Included are the American Federation of Small Business, the Reserve Officers Association, Americans for a Safe Israel and the National Alliance of Senior Citizens. Eventually, the coalition expects to spend $10 million in its efforts...
ALICE MITCHELL RIVLIN, 47, since 1975 has been director of the Congressional Budget Office, which was created that year to give objective advice to Congressmen on the cost and effectiveness of various Government programs. Under Rivlin the CBO has annoyed Republicans by reporting that President Ford's spending budget was inadequate for the needs of the economy and nettled Democrats by branding the Carter Administration's estimates of what the energy program would accomplish "overly optimistic...
...group of freshmen Congressmen had offered to serve as a "base of support" in Congress for such a movement in a meeting last month with members of SASC...