March 05, 2005

Bush quote on Social Security

In response to a request to explain his Social Security proposals:

"Because the all which is on the table begins to address the big cost drivers. For example, how the benefits are calculate, for example, is on the table; whether or not benefits rise based upon wage increases or price increases.

"There's a series of parts of the formula that are being considered. And when you couple that, those different cost drivers, affecting those changing those with personal accounts, the idea is to get what has been promised more likely to be or closer delivered to what has been promised."

As quoted by David Corn on tompaine.com:
http://www.tompaine.com/articles/express_train_to_disaster.php

Posted by Chuck at 11:00 PM | Comments (1)