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Reply #35: Retiree benefits targeted [View All]

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Ernesto Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-29-05 05:08 PM
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35. Retiree benefits targeted
The lame duck (er, chimp) is pretty much demanding that repuke house members commit political suicide by supporting his very unpopular assault on the nation's most successful social program.
"By proposing what some analysts say would eventually mean the biggest benefit reductions in Social Security history, the president appeared determined to revitalize his top second-term priority and to put pressure on the Democrats to offer alternatives".
....."All the president did tonight was confirm that he will pay for his risky privatization scheme by cutting the benefits of middle-class seniors," their statement said. "President Bush cannot escape the fact that privatization will weaken Social Security at a time we should be strengthening it. We urge the president to begin considering proposals that strengthen Social Security in a way that does not gut benefits for middle-class families and does not place retirees at the mercy of the stock market."


http://www.sacbee.com/content/politics/nation/story/12806975p-13657385c.html
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