In an unexpected blow to the administration, Rep. Jim McCrery (R-La.), chairman of the subcommittee that handles Social Security, said Bush's plan must be changed in a fundamental way if it is to have a chance. McCrery said he should scrap the idea of funding accounts with money earmarked for the Social Security trust fund.
"It seems to me that if we insist on diverting payroll tax revenue, we have ensured opposition from the AARP and probably every single Democrat in the House and Senate, and that's not a good place to start," McCrery said in a telephone interview.
With Senate Republicans privately saying they plan to delay action on the proposal for several months, the president is betting he can eventually overcome opposition by building public support for change, pressuring lawmakers in states where he is popular and spending the political capital that he feels flows from winning a second-term in office. So far, no Senate Democrat has embraced the partial privatization of Social Security.
http://www.washingtonpost.com/wp-dyn/articles/A61523-2005Feb3.html?sub=AR