WASHINGTON -- Without a dissenting vote, Congress sent President Clinton legislation repealing a Depression-era law that reduces the Social Security benefits of thousands of older workers. The president intends to sign the bill into law.
The bill, passed Tuesday by the House on a 419-0 vote, will scrap a law that would have cut benefits this year by $1 for every $3 a Social Security recipients age 65 to 69 earns in outside income above $17,000.
''The victory today goes to the hundreds of thousands of older Americans who don't see retirement as an end, but as a new beginning,'' said Rep. Bill Archer, R-Texas, chairman of the House Ways and Means Committee.
About 800,000 people are directly affected, including 415,000 due refunds averaging $3,500 each because of deductions made since Jan. 1 from their Social Security. In all, older workers or their dependents stand to gain $6 billion in Social Security benefits this year, or $6,700 each on average, according to the Social Security Administration.
The House had previously passed the bill unanimously, followed by the Senate 100-0 last week. The House's action Tuesday was necessary because of minor changes made by the Senate.
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