Could someone explain exactly what this bill would mean?

[ailsagirl]

If * is for it, it's bad for us-- I know that much. But what, exactly, would this bill mean for us?

Bush encourages Social Security bill without private investment accounts
By Associated Press
Tuesday, June 21, 2005 - Updated: 02:51 PM EST

WASHINGTON - President Bush encouraged a Republican senator Tuesday to offer Social Security legislation that would not include the private investment accounts that were the centerpiece of the plan Bush has promoted all year.

Bush's nod to Utah Sen. Bob Bennett comes as public polls show that most Americans do not support the president's handling of the Social Security issue. Congress has been deadlocked on it.

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,'' Bennett said. ``And I'm grateful to have him do that even though his own preference would be to have personal accounts included.''

http://news.bostonherald.com/politics/view.bg?articleid=91023

[Warpy]

1. The other two things he's mentioned

are raising premiums (but not taking the overpayments out of Congress's greedy hands, so we know what that is all about, a tax increase on the poor to cover the tax reduction on the rich) and a reduction in benefits that would eventually reach 40%, meaning all the more surplus to go to Congress to mask what tax cuts to the rich have cost.

Anything that crosses that man's desk is bad for human beings.

[MichiganVote]

2. It means that come hell or high water, the rich representatives

that we hire are going to maintain the tax cuts for the wealthy, raise the age of retirement to say, 70-75, and try to tell us its the best that they can do to solve the "crisis".

Short answer: They are going to lie like fucking dogs to us---again.

[babylonsister]

3. Looks like the blivet

blinked! Surprise! He's not all powerful after all, but I think he's beating a dead horse. He's got his plate overloaded as it is, this has become a non-issue. :nopity:

[ailsagirl]

4. That's what I thought-- that the SS thing was dead dead dead

But I think if that slime can find a way to screw us over,
you better believe he'll do it.

Thanks for the input.

[wakeme2008]

5. No I think this is a game to him

Just like his tax cuts...

A little this year... A little next year... More the next..

Private account IMHO are only off the table for this FIRST ROUND they will return

[Patty Diana]

6. he's fuckin terrorizing us

he's a psychopath who belong in a straight jacket. This guy is so mentally ill they have to create a new classification to cover HIM

[ailsagirl]

7. I'll drink to that!!

:toast: