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Social Security #526354

NBC Evening News for Sunday, Jan 16, 1983
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(Studio) Compromise on revamping Social Security system agreed on by President Reagan's reform commission outlined; Reagan and speaker Thomas O'Neill said endorsing plan.
REPORTER: Chris Wallace

(DC) [Senator Robert DOLE - anticipates package's passing in Congress] [American Federation of Govt. Employees spokesperson Ken. BLAYLOCK - opposes recommendations.] [American Association of Retired Persons president James HACKING - thinks package compromises everyone.]
REPORTER: David Hazinski

(Studio) Report introduced
REPORTER: Chris Wallace

(DC) [Commission chairperson Alan GREENSPAN - notes compromise by all involved.] Cmsn. recommendations outlined on screen, discussed; elimination of multi-benefits under new plan explained. Case of ex-Representative Hastings Keith and wife cited as an example;; details given. [KEITH - describes his various pension benefits.] Social Security's current financial situation noted. [Representative Claude PEPPER - thinks recommendations assure Social Security's continuation on solvent basis.] Importance of current plan's success on durable economy recovery noted.
REPORTER: Irving R. Levine

(Studio) Upcoming item announced.
REPORTER: Chris Wallace

Hazinski, David;
Levine, Irving R.;
Wallace, Chris

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