* trying to sneak SOCIAL SECURITY privatization into 2007 budget

[flyarm]

see this article!


http://ataxingmatter.blogs.com/tax/2006/02/fy_2007_budget_.html

FY 2007 Budget Proposal for Social Security Privatization, Again

snip:

Thus it should not be surprising to anyone that Mr. Bush has again trotted out budget breaking privatization "reforms" for Social Security. In spite of a State of the Union speech proposing a bipartisan commission to consider ways to ensure Social Security's solvency for years to come, the FY 2007 budget proposals include a plan to privatize Social Security at a cost of $700 billion (over the first seven years). See this report on OMB Watch. Although little noticed in the media, the plan would provide for workers to divert funds to private accounts beginning at $1,100 in 2009 and increasing by $100 increments through 2016.

Congressman Steny Hoyer (D-Md) had this to say about the reappearance of Bush's privatization plan.
“This is absolutely stunning. ... Last year, the country emphatically rejected the President’s effort to privatize this critical program. Instead of working in a bipartisan fashion to find a common sense solution to Social Security’s solvency, the President’s budget embraces an ill-advised, unpopular plan that would turn a guarantee into a gamble.” Hoyer Budget Release.

For other commentary on Bush's "stealth" Social Security privatization proposal, see this Washington Post article; this report on SeniorJournal.com, which provides links to the Social Security section of the budget document; and this brief report at PAFCO education fund.

The FY 2007 budget also proposes reductions in Social Security benefits by $2.2 billion over five years and $6.3 billion over the ten-year budget period. See this report on the FY 2007 budget from the Center for Budget and Policy Priorities. If the budget proposals are carried out as planned, 1,900 Social Security Administration positions nationwide would be cut through attrition, possibly hampering the SSA's ability to respond appropriately to changes in status of eligible retirees.



fly

[caligirl]

1. Shut the government down,its time to shut it down until November,

[FloridaPat]

2. Only 3 weeks worth of invasion money! Bring the troops home and

solve that problem

[OKNancy]

3. This is a very important issue, it's not glamorous

but it will effect every person reading this and our children for many, many years.
Time to start agitating.

[intheflow]

20. Exactly why I k&r'd it.

What is it with these people? They won't be happy until we're back in time to Dicken's London.

[flyarm]

4. yes it is very important ..but msm thinks the McKinney story is more

important...WE need to stay on top of these things..before it is too late for all of us!!
please kick and r..we need to bring attention to this so people can start screaming!

thanks..fly

[fooj]

6. Holy shit...does it ever end?

:grr:

[fooj]

5. I've got the 5th R handled...

Peace.

[WiseButAngrySara]

7. Oh, these people are slime. Unfrigging believable!

:kick: & R.

[dalaigh lllama]

8. k & r

when will the nightmare end?

[flyarm]

10. the problem is ..no one will notice till they are screwed royally! n/t

[TahitiNut]

9. "reductions in Social Security benefits" (BASTARDS!)

:grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr: :grr:

[Gabi Hayes]

11. this came up here a couple of weeks ago, approx

anybody do a search on that?

[sheelz]

12. I remember that too.

I believe that is the budget Bush signed without House approval?

[understandinglife]

13. K&R

George W. Bush willfully violated National Security to cover-up his willful launch of a war of aggression and illegal occupation of Iraq.

[Iowa]

14. K&R. It never ends. Evil bastards!!!

[WePurrsevere]

15. "reductions is benefits"? We & many others are barely making it as it is.

Seniors and the disbled are not people that can handle any $$ and benefits cut backs and make it up. I knew the bastards would try to sneak this through by hook or by crook. Many Repubs have been out to dismantle it since it's inception... please don't let them get away with this. :scared:

There's a fairly simple solution to "fix" Social Security... just remove the damn cap, have wealthier Americans pay thier FAIR SHARE, and leave Social Security money alone. :grr:


:hangover:

[TheBaldyMan]

16. K&R

[Cobalt Violet]

17. They won't stop until there is 0 saftey net.

And we all have to go begging to a church if we want to eat.


That's the plan. Prove me wrong.

[OmmmSweetOmmm]

18. K&R!!!!!!!

[understandinglife]

19. Kick.

George W. Bush willfully violated National Security to cover-up his willful launch of a war of aggression and illegal occupation of Iraq.