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: andylang@yahoogroups.com [mailto:andylang@yahoogroups.com] On Behalf
Of fhawontcutit
Sent: Sunday, July 09, 2006 1:10 AM
To: andylang@yahoogroups.com
Subject: [AndyLang] Democrats rip GOP on Social Security plan



http://news.
<http://news.yahoo.com/s/ap/20060708/ap_on_go_co/democrats_social_security>
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.
---------





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