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| House Democrats to Offer Proposal for Retirement Savings The Washington Post; subscription may be required  July 26, 2005 Excerpt: House Democrats intend to propose a retirement-savings plan ... that will be their first leadership-backed alternative to Republican plans for a broad retirement-security package, which includes changes to Social Security. The Democratic plan, called AmeriSave, would increase incentives for middle-class workers to participate in 401(k) retirement accounts and individual retirement accounts. It would also create tax credits for small businesses that set up retirement accounts[.] |
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