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andylang · Social Security, Defined Benefits, Cash Balance...
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Democrats rip GOP on Social Security plan   Message List  
Reply | Forward Message #3509 of 3700 |
http://news.yahoo.com/s/ap/20060708/ap_on_go_co/democrats_social_security

Excerpt:
----------
The Republican plan to privatize
Social Security could cause huge debt for decades, a Democratic
candidate seeking a House seat in Iowa, a state with a high
concentration of elderly residents, said Saturday.

"If the Republican plan is allowed to pass, future generations both
here and across the country will be saddled with decades of debt and
no guaranteed retirement security," Bruce Braley said in the
Democrats' weekly radio address.
---------







Sun Jul 9, 2006 5:10 am

fhawontcutit
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Message #3509 of 3700 |
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http://news.yahoo.com/s/ap/20060708/ap_on_go_co/democrats_social_security ... The Republican plan to privatize Social Security could cause huge debt for...
fhawontcutit
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Jul 9, 2006
5:10 am

Very true statement. The private accounts are not set up with new taxes, so the money must be borrowed and added to the National Debt. _____ From:...
William Chirolas
wchirolas
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Jul 11, 2006
4:16 am

... And Bush is touting the FOURTH LARGEST DEFICIT IN HISTORY. Yessiree. Things are really looking up, aren't they? William, it looks like they are going to...
fhawontcutit
Offline
Jul 12, 2006
12:57 am
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