Republican Warns Bush on Social Security Reforms
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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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Congress should consider more sweeping changes in Social Security than President Bush's call for personal accounts, a prominent House committee chairman said Tuesday, possibly including different benefits for men and women.
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The challenge awaiting President Bush is to offer a plan for restoring the Social Security system to financial balance.
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The US president says he plans far-reaching reforms to the Social Security system which funds pensions.
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President Bush chided Sen. John Kerry and fellow Democrats on Monday for asserting that Republicans will undermine Social Security, calling the strategy "the most tired, pathetic way to campaign for the presidency."
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The chairman of the Federal Reserve Board, Alan Greenspan, warned that the government might have to scale back programs like Social Security and Medicare.
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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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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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President Bush said on Saturday he  would consider ideas from Democrats as well as Republicans as  he pursues an overhaul of Social Security and other economic  priorities but insisted any fix to the retirement program  should not involve tax increases.
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President Bush tried to increase pressure on members of Congress who are leery of his ideas to change Social Security by telling them Tuesday they could be risking their jobs.
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Presidential candidates must be forced to address Social Security reform, former House Majority Leader Dick Armey said Tuesday during a visit to Iowa aimed at doing just that.
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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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Vowing not to "cede one inch" to critics of President Bush's plan to overhaul Social Security, the Republican National Committee is aggressively challenging television ads about the proposal if it thinks they are false or misleading.
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Federal Reserve Chairman Alan Greenspan on Friday urged Washington policymakers to consider reducing future Social Security and Medicare benefits, saying that
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President Bush promised to offer an  ambitious plan for overhauling Social Security soon, pledging  to "provide the political cover" for nervous lawmakers,  according to an interview published in the Wall Street Journal  on Tuesday.
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Future Social Security benefits could be cut almost in half for some younger workers under a plan President Bush is considering for overhauling the nation's retirement system.
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President Bush, poised to submit his new budget to Congress next week, warned Saturday that unless programs like Medicare and Social Security are changed, future generations will face tax hikes, government red ink or huge cuts in benefits.