IN the near future, quite possibly before Election Day 1972, Congress may well perform a major retooling job on the 36-year-old Social Security program. There are likely to be substantial raises in benefits paid to the elderly and disabled—and walloping increases in Social Security taxes paid by many working people and by their employers. Congressmen get more mail on Social Security than any other issue; the letters insistently call for higher benefits. Particularly, in a political campaign year, politicians of both parties are eager to boost the income of the 27 million Social Security recipients, most of whom are 65...
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