Rep. Jim McCrery (R-La.) has introduced a bill (H.R. 3304) that privatization proponents are trying to pass off as a new idea to stop the “raiding” of Social Security by Congress.
That’s baloney: The McCrery bill is the first step toward President Bush’s plan to privatize and ruin Social Security—nothing more.
Tell your members of Congress to oppose privatizing Social Security and not to be fooled by the McCrery bill.
The 70th anniversary of Social Security is Aug. 14. So tell your members of Congress to strengthen Social Security for another 70 years by opposing privatization. When Congress comes back from vacation in September, the push for private accounts will begin quickly with the House Ways and Means Committee taking up the McCrery measure.
The bill creates private accounts, cuts guaranteed benefits and increases the national debt. And it does nothing to stop the raids on the Social Security surplus or keep the program solvent.Our members of Congress need to STRENGTHEN Social Security—America’s most successful family security program—not privatize it.
Privatization plans would replace guaranteed benefits with risky private accounts, fatally undermining Social Security, cutting benefits drastically, probably raising workers’ retirement age and saddling our children with massive new debt.
http://www.unionvoice.org/campaign/Dont_Privatize_SS