Social Security Investment Accounts, Indexing in Bush Budget

[livvy]

Reform ideas that never caught on in 2006 are back in the 2007 budget

Feb. 6, 2006 – There were so many things grabbing the public's and media's attention in the $2.77 trillion federal budget for FY 2007 presented yesterday, that many senior citizens may have missed that the President has put private investment accounts and the indexing of benefits (determining payments by need) for Social Security back on the table and in the budget.
>snip

The statement said the President is committed to "strengthening the Social Security system" and has put forward three goals for any reforms:

● strengthen the safety net for future generations;
● protect those who depend on Social Security; and
● offer every American a chance to experience the opportunity of ownership through voluntary personal retirement accounts.

"Under the President’s approach, Social Security would include voluntary personal accounts funded by a portion of workers’ payroll taxes," according to Social Security.>more

http://www.seniorjournal.com/NEWS/SocialSecurity/6-02-07-SocialSecurityInvestment.htm

Link to the pdf version of the budget:

http://a257.g.akamaitech.net/7/257/2422/06feb20061000/www.gpoaccess.gov/usbudget/fy07/pdf/budget/ssa.pdf

[Lasher]

1. Boy, these right wingers really hate Social Security, don't they?

They just keep coming back, and can't wait until the midterms are over. Their claim of wanting to "strengthen Social Security" is true in one respect: If you stop all payments to beneficiaries, the system will always be fully funded. But the fact is, the only real chrisis that Social Security faces is George W. Bush.

HELL NO to means testing, privatization, changes in COL adjustment, and everything else this evil cartel wants to do to gut Social Security and the rest of our social programs.

[Nutmegger]

4. Funny thing is that if SS were to be pulled away / changed

These Freepers would be the first to bitch. Jackasses!

[upi402]

2. Franken utterly laid waste to BushCo's attack on Soc Sec

[sam sarrha]

3. the rich already have such accounts, plus SS, they can afford it.. what

little i would put in such an account will pay less than what i will get from the corrent account

[deacon]

5. It was a dirty trick and should labeled as so- Dems should adopt

"No More Bush And His Dirty Tricks"

Bush's latest moves gives us a chance to to look into HIS soul as he claimed to have done with Putin.

Wiretapping, the fake UN drones over Iraq and slipping privitization of SS into the budget.

[SoCalDem]

6. "Strengthen"... "protect"... "offer"

those words are kissin' cousins of their other words..

"restore"
"repair"
"save"
"fix"


Words that would HELP, would be "properly FUND"