Bush Warns Social Security Opponents
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President Bush says the key to getting Social Security overhaul through Congress is to convince a majority there is a long-term problem and making sure opponents don't frighten seniors into believing their checks are going to be cut.
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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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Bush's push to reform Social Security and other programs frames a deeper clash between individualism and safety net.
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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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Federal Reserve Chairman Alan Greenspan urged Congress on Wednesday to take a go-slow approach in setting up the private Social Security accounts favored by President Bush. The president said he wasn't ruling out taxing high-income workers more to help the retirement program.
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President Bush says Social Security's future financial shortfall is a crisis that Congress must tackle now, repeating Monday his demand for action but refusing to provide details of his top domestic priority that will cost trillions of dollars to implement.
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President Bush sought support from congressional leaders of both parties Monday for his aggressive proposal to overhaul Social Security during his second term.
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President Bush said Monday that he faces &quot;difficult choices&quot; in seeking to ensure Social Security&#39;s solvency and offer younger workers private retirement accounts.
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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, on a trip to pitch his Social Security plans, tried on Thursday to calm restive Republicans who fear the political consequences of supporting his idea for personal retirement accounts.
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President Bush said Thursday that ``now is the time to confront Social Security&#39;&#39; to deal with a projected $3.7 trillion shortfall over 75 years and give younger workers the
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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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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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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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Officials representing business groups, financial service companies, banks and insurance firms are gearing up for a legislative fight over Social Security, telling White House officials Thursday they are solidly behind President Bush's desire to remake the retirement system next year.
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President Bush launched his plan to  revamp Social Security with a push to convince the public and  Congress that it faces a crisis, even though supporters of the  government-run retirement program say he is exaggerating its  financial problems.
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Democrats vowed on Saturday to  protect the Social Security retirement program from  "privatization" by President Bush and his Republican allies,  who expanded their congressional majorities in elections this  week.