Boxer: Bush SS Plan puts retirees "35 percent below the poverty line"

[Bush_Eats_Beef]

Statement On Social Security

February 3, 2005

http://boxer.senate.gov/news/record.cfm?id=231475

What about the crisis of the IOU that is now given to our children and grandchildren the day they are born? As Senator Reid has said, there is a birth tax on every child born today.

What about the crisis of the more than 40 million Americans without health insurance?

Privatizing Social Security will add another $2 trillion of debt in the next 10 years. This scheme will bankrupt our country. It is estimated that it will take 60 years to get out of the debt created by privatizing Social Security.

Under the President’s plan, Social Security benefits would be cut by 45 percent. The average yearly payment would be only $5,700. Who can live on that? 35 percent below the poverty line is where people will be if the President’s plan goes into effect.

[Ashamed_American]

1. Ahhh Mrs. Boxer,

my girl keeps knockin' 'em out of the park. Marry me lady!

www.BlackEyedSundays.com

[madrchsod]

2. i really love it when the democrats use

st Ronald as an example of moderation and judgment. this is an example on how far the republicans have become tyrants

[cyberpj]

3. B..B..But he has to cover his theiving somehow!

See here:

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=1566269&mesg_id=1566269

[indepat]

4. Such a small price to pay for being made safe and led by a man of God

[vpigrad]

5. Only 45% cuts?

Some estimates I've read were much larger! Why don't we use those? People understand things better when you say, for example, "Bush plans to steal *four out of every five* dollars from you check."

[Bush_Eats_Beef]

6. Yes, but check the date

This release is from Feb 3rd. The numbers are changing as quickly as most people change their underwear.

:evilgrin: