House GOP Shows Doubt in Bush Plan

[Pirate Smile]

House GOP Shows Doubt in Bush Plan

By LAURA MECKLER
The Associated Press
Thursday, February 3, 2005; 12:36 PM

WASHINGTON - The centerpiece of President Bush's Social Security plan - diverting taxes into personal retirement accounts - is politically dangerous and may not be worth it, a key House Republican said Thursday.

Rep. James McCrery, chairman of the House Ways and Means Social Security subcommittee, outlined ideas similar to those supported by many Democrats and said he wants to discuss them with the Bush administration.

McCrery, R-La., said in an interview that he, too, would like to create personal accounts. But he said he favors paying for them with general revenue, leaving taxes collected for Social Security to pay for guaranteed Social Security benefits.

That makes sense financially and politically, he said, explaining that taking money out of the existing Social Security system gives a powerful argument to Democrats and their allies, including the AARP, which represents millions of older Americans and opposes Bush's plan for private accounts.

http://www.washingtonpost.com/wp-dyn/articles/A60584-2005Feb3.html

[Norquist Nemesis]

1. Politically Dangerous???

Nah, just plain STUPIDITY!! Not to mention immoral if supporting Bush's plan.

[Drifter]

2. you mean even after ...

dipping their fingers in ink, and standing ovations every 4th word.

What I would have like to see is the Dems either turning their back on AWOL, or just plain standing up and walking out.

Cheres
Drifter

[Rose Siding]

3. So what's this?

Is he saying that tax money (general revenue), other than SS should just be funneled through investment banks before it's spent?

snip>
McCrery, R-La., said in an interview that he, too, would like to create personal accounts. But he said he favors paying for them with general revenue, leaving taxes collected for Social Security to pay for guaranteed Social Security benefits.

[Rainscents]

4. This Social Security issue is...

only thing Democrats can use and hammer from now on... This is only issue democrats can and will win the election!!!!!!!!! Democrats, must hammer this away none stop!!!!!!!!

[Rose Siding]

6. No this isn't the only issue Dems can win!

Why would you think that?

[durablend]

7. Any Democrat who votes for it needs to be expelled...

No excuses!

[Megahurtz]

8. Hammer away on EVERYTHING!!!!

And IMPEACH THIS ASSHOLE!!!

[Occulus]

10. With what power? n/t

[DeaconBlues]

5. things don't look good for Bush on SS right now

but watch out. The media has just begun to whore for Bush.

[deacon2]

9. That's right, it's getting shriller daily

When you see Judy Woodruff in hot pants and a tube top, you'll know the GOP is "putting it on the street."

[jazzjunkysue]

11. ROTFL!!