Bush urges Social Security revamp
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Bee Washington Bureau. WASHINGTON - Beginning a major push for one of his signature economic plans, President Bush on Thursday called for urgent action to revamp the Social Security system.
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The chairman of the House tax-writing committee said Sunday that President Bush's drive to overhaul Social Security should lead to consideration of a value added tax or other ways to fund the entitlement program.
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President Bush, who has promised that his plan to allow private investment accounts in Social Security would give workers a &quot;better rate of
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THE SECOND TERM: President Bush on Thursday outlined a second-term agenda that includes major changes in Social Security, the tax code and medical malpractice awards.
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President Bush said he would begin work immediately on his proposal to overhaul Social Security.
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&quot;THE CRISIS IS NOW,&quot; President Bush declared of Social Security at the economic conference called by the White House last week.
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President Bush challenged a hesitant Congress on Wednesday to "strengthen and save" Social Security, saying the nation's costliest social program was headed for bankruptcy unless changed. Bush's plan would cut guaranteed retirement benefits for younger Americans but would not affect checks for people now 55 and older.
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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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President Bush is barnstorming the country, trying to convince the public that Social Security needs an urgent overhaul and offering a solution even the White House acknowledges won't fix the retirement system's future financial problems.
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The Bush administration has made a major production of its scheme to restructure Social Security. That notion was the centerpiece of President Bush&#39;s economic strategy meeting last week.
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EDITOR&#39;S NOTE -- President Bush has made his ambitious proposal to revamp Social Security a priority for his second term. This is one in an occasional series of stories exploring the retirement system, why
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President Bush will spearhead an  election-style public relations campaign early next year to try  to convince Americans that Social Security is in urgent need of  change but will keep dollar and cent details deliberately  vague, analysts and officials say.
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WASHINGTON (CBS.MW) - President Bush on Thursday said modifying the Social Security system to allow younger workers to put some of their payroll taxes into private accounts will shore up the key entitlement program.
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President Bush sought support from congressional leaders of both parties Monday for his proposal to overhaul Social Security, which promises to be a hotly contested political issue during his second term.
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US President George W Bush says the nation's social security fund is close to bankruptcy.
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President Bush made a fresh push Saturday for a new Social Security plan in which Americans would be allowed to channel a small portion of their income into "personal savings accounts," warning that inaction could end the retirement system.
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Democrats on Thursday said President Bush's proposed overhaul of Social Security would burden future generations with massive debt and undo income protection promised to the elderly since Democrat Franklin Roosevelt was president.