Reply #48: 1968 GOP party platform [View All]

Elderly Americans desire and deserve independence, dignity, and the opportunity for continued useful participation. We will strengthen the Social Security system and provide automatic cost of living adjustments under Social Security and the Railroad Retirement Act. An increase in earnings permitted to Social Security recipients without loss of benefits, provision for postage 65 contributions to Social Security with deferment of benefits, and an increase in benefits to widows will also be provided. The age for universal Social Security coverage will be gradually reduced from 72 to 65 and the former 100 percent income tax deduction will be restored for medical and drug expenses for people over 65. Additionally, we will take steps to help improve and extend private pension plans.

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