Washington confident this social security rescue will last
A March 1983 Christian Science Monitor article reports Congress's passage of a bipartisan social security rescue meant to secure solvency for 75 years — the second such fix in six years — through $165 billion in new revenues and savings, a delayed cost-of-living adjustment, benefit taxation, and a gradual rise in the full-benefit age to 67. Commission members say this broader bill will hold where 1977's tax-only fix failed, and the White House said Reagan would sign it the week of April 10.
