Bush Warns of Social Security Bankruptcy
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President Bush said Saturday that Social Security "is on the road to bankruptcy" and will be unable to pay promised benefits to future generations, raising the stakes in a major political battle with Democrats.
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The White House said on Monday that  it envisages using government borrowing to help finance  President Bush's plan to add personal retirement accounts to  Social Security.
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If President Bush wants to push his plan to overhaul Social Security through Congress during his second term, he probably will have to do something he rarely did during his first term: get his hands dirty.
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President Bush said he would begin work immediately on his proposal to overhaul Social Security.
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If President Bush wants to push his plan to overhaul Social Security through Congress during his second term, he will probably have to do something he rarely did during his first term: get his hands dirty.
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Massachusetts Sen. John Kerry accused President Bush on Sunday of planning a surprise second-term attempt to privatize Social Security, and forecast a &quot;disaster for America&#39;s middle
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President George W. Bush hopes to   revive his plan to overhaul the U.S. Social Security retirement   program if his Republican party keeps control of the Congress   in the November midterm elections, the Wall Street Journal   reported on Saturday.
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Facing record budget deficits, the Bush administration likely will turn to short-term government borrowing to help finance its plan to add personal retirement accounts to Social Security, officials said on Saturday.
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Fresh from a five-state tour promoting his plan to add private accounts to Social Security, President Bush pledged on Saturday to go beyond that proposal and push for an overhaul to make the retirement system permanently solvent.
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US President George W. Bush said on Thursday that overhauling the US Social Security system would be a top priority in his second term and &quot;now is the time toconfront Social Security.
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A Republican congressional proponent  of Social Security reform warned President Bush on Sunday not  to rely on a sharp increase in government borrowing to overhaul  the federal retirement program.
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President Bush said Saturday that Social Security "is on the road to bankruptcy" and unable to pay promised benefits to future generations, raising the stakes in a major political battle with Democrats.
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Democrats accused President Bush on  Saturday of trying to scare Americans into believing the Social  Security retirement system is in crisis to build support for  his private investment account plan.
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PEMBROKE PINES, Fla.  - President Bush plans a  "big January surprise" if re-elected by moving quickly to allow  some private Social Security accounts, which will reduce  benefits for retirees and swell the U.S. deficit, Democratic  Sen. John Kerry claimed on Sunday.
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Pressing further for a change to the Social Security system, President Bush promised Thursday that seniors would not lose benefits under his plan to allow younger workers to divert
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A Republican congressional proponent of Social Security reform warned President Bush on Sunday not to rely on a sharp increase in government borrowing to overhaul the federal retirement program.
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Social Security and tax code changes could strain the federal budget. The president could use a rising GDP.