Social Security to Become Key Issue?
Will this be a big issue in 08?
NPR- Three years after the collapse of President Bush’s plan for private Social Security accounts, Republican presidential contenders are eager to try again. Not so the Democrats, who gravitate toward increasing payroll taxes on upper-income earners to fix the program’s finances.
With the notable exception of former Sen. Fred Thompson, a Republican, presidential hopefuls in both parties shy away from suggestions that might offend their own primary voters. As a result, bipartisan commissions to resolve the program’s long-term financial problems are in. And longer waits for retirement are most definitely out.
Thompson’s proposal, by contrast, includes lower-than-promised benefits for future retirees, as well as new private accounts to make Social Security solvent for 75 years. “If somebody’s got a better idea let them put it on the table,” he said recently, daring his rivals.
[...] Original post by JohnKonop [...]
[...] Original post by john [...]
Will the two parties cast aside their hardened liberal/conservative partisanship and do what is right for the nation, or will they continue to
seek power first?
Answer that and you know what the answer is to the question!