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Social Security 2005
Social Security 2005
News
- -01-12-05 Poll: Public Not Sold on Bush View of Social Security (ABC News)
"As noted, the administration also faces a challenge in simply getting the public to share its sense of urgency about Social Security. Bush declared last week, 'The crisis is now.' In this poll, however, just 25 percent say Social Security is in crisis, actually down from 34 percent in an ABC/Post poll in 1998." 01-05
- -01-19-05 U.S. House Leader: Bush's Social Security Plan a "Dead Horse" (MSNBC News)
"House Ways and Means Committee Chairman Bill Thomas (R-Calif.) predicted yesterday that partisan warfare over Social Security will quickly render President Bush's plan "a dead horse" and called on Congress to undertake a broader review of the problems of an aging nation." 1-05
- -01-25-05 A.A.R.P. Against Privatizing Social Security (Christian Science Monitor)
"John Rother, AARP's policy director, said at the breakfast that partial privatization of Social Security would risk a rerun of the nation's experience with 401(k) accounts, where a majority of people take money out prior to retirement."
"Transition costs for partial privatization have been pegged at between $1 trillion and $2 trillion over 10 years, which opponents of personal accounts say is too big a burden given the skyrocketing budget deficit." 1-05
- -02-02-05 Bush Presents State of the Union Speech (MSNBC News)
"With the final phrases still echoing in the House chamber from President Bush’s State of the Union address, the mathematics became more important than the rhetoric."
"After running for president in 2000 and again in 2004 on his call for Social Security redesign, Bush on Wednesday night added some substance to his proposal, although not enough for congressional Democrats." 2-05
- -02-03-05 Republicans Skeptical About Social Security Plan (ABC News)
"President Bush's Social Security proposals stirred fresh political worries Thursday among Republicans and brought calls from some lawmakers to abandon the president's central idea: letting people divert part of their payroll taxes to private retirement accounts."
"I've talked to some of my colleagues and they're panic-stricken," said Rep. Mark Foley, R-Fla., who said he welcomes a serious debate over the sweeping changes Bush outlined in his State of the Union address Wednesday."
"Two House Republicans with years of expertise on Social Security offered an alternate plan, saying the Bush proposal is too politically risky. They suggested bolstering the program with money from general revenues rather than the payroll tax." 2-05
- -04-27-05 Bush Second Term Difficulties (Bloomberg.com)
"President George W. Bush closes out the first 100 days of his second term this weekend with his ambitious agenda weighted down by political diversions and by public and partisan opposition to his signature issue."
"National polls show Bush's support on Social Security has declined since he began promoting the plan. The most recent Gallup Organization survey, conducted April 18-21, found 37 percent of adults named fuel prices or economic concerns as the most important issues facing the country, compared with 7 percent who cited Social Security. In a Zogby International poll released April 26, 53 percent disapproved of Bush's handling of the presidency and 64 percent said they disapproved of how he's dealing with Social Security." 4-05
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