Social Security: Are Private Accounts Dead?
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The Associated Press is reporting that President Bush has encouraged a Republican Senator to introduce Social Security reform legislation without any provision for private accounts:
Instead he is on track to avoid vetoing any legislation throughout his eight years in office.
It's going to be a long 43 months.
Mr. Bush's nod to Utah Sen. Bob Bennett comes as public polls show that most Americans don't support the president's handling of the Social Security issue. Congress has been deadlocked on it.The President swore as recently as yesterday that he would not back down on private accounts. So much for that.
Mr. Bennett said that during a luncheon with other Republican senators at the White House, he told the president of his plans to introduce the bill as early as next week.
"He indicated that I should go forward and do that," Mr. Bennett said. "And I'm grateful to have him do that even though his own preference would be to have personal accounts included."
Instead he is on track to avoid vetoing any legislation throughout his eight years in office.
It's going to be a long 43 months.
Related Posts (on one page):
- Social Security: Are Private Accounts Dead?
- The Decline and Fall of Social Security Reform
- Social Security and "Progressivity Squared"
Posted by KipEsquire on
21 June 2005
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