Word: schweikered
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...proposals, as unveiled by Secretary of Health and Human Services Richard S. Schweiker at a press conference, would entail little reduction in monthly payments for the 36 million Americans already on the rolls or for those who join them before Dec. 31. Administration officials nevertheless calculate that the program of adjustments could save the Treasury about $9 billion in fiscal 1982 and an accumulated total of about $46 billion by 1987. Highlights of the plan...
...sweeten the medicine of the benefit cuts, Schweiker pointed out that the savings might eventually snip the payroll tax rate levied on employers and employees alike from a projected 7.15% in 1986 to 7.05%. A worker in his 20s might thus shave about $33,600 off his contribution to the Social Security system by the time he retires...
...have retired. That design will suffer worse strains to come. In the early years of the 21st century, actuaries estimate, there will be only three American workers for every retired person, compared with five for every retiree today; so the system could go bust all over again. Declared Schweiker: "We're trying to stop the old lady from having no check...
Each year since 1976, Hyde has successfully sponsored amendments, cutting off most federal funds for abortions, to appropriations bills. A Supreme Court ruling in 1980 upheld these restrictions as constitutional. New Health and Human Services Secretary Richard Schweiker, an ardent foe of abortion, has proposed eliminating federal financing even in cases of rape or incest. This would make funds available only for abortions that would save the life of the mother. Federally financed abortions
...impressed was Richard Schultz Schweiker when Ronald Reagan asked him to be his vice-presidential running mate in 1976 that the Pennsylvania Senator saved and later framed the airline ticket that brought him to California for their momentous meeting. Reagan's attempt to wrest the party's presidential nomination from Gerald Ford by prematurely naming the liberal Schweiker to his ticket failed, of course, but it left an indelible mark on Schweiker. Since then he has grown steadily more conservative. Now Reagan has given Schweiker, 54, a chance to turn philosophy into policy by naming him Secretary...