Snow Touts Social Security Overhaul
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Touting President Bush's proposal to substantially overhaul Social Security by creating private investment accounts, Treasury Secretary John Snow on Friday vowed to "take the case to the American people."
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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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The president's Social Security plan seems to be a tougher sell since he was enthusiastically greeted there last week.
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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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As restructuring Social Security moves to the top of his agenda, President Bush is sidestepping a troublesome problem: Medicare, which provides health insurance for
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Whoever wins the election may have to make tough choices about Social Security's finances.
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U.S. Treasury Secretary John Snow  said on Thursday he had completed his last day on the job.
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The Social Security Administration is preparing a campaign to convince the public that private accounts are needed.
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WASHINGTON (CBS.MW) - John Snow will remain as Treasury secretary in President Bush&#39;s administration, administration officials said Wednesday.
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Federal Reserve Chairman Alan Greenspan has done it again. For at least the fourth time this year, he has touched the electrified third rail of American politics - Social Security.
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WASHINGTON - The cost of living adjustment intended to help more than 47 million Social Security recipients keep up with inflation is expected to be a tad larger in 2005 than it was this year, but the bad news is that much of the increase will be eaten up by higher Medicare premiums.    The Social Security Administration was announcing the new cost of living adjustment, or COLA, Tuesday, but in advance of the release many private economists were predicting a gain of slightly better than 2.5 percent, which would be up from the increase Social Security recipients received at the beginning of this year of 2.1 percent...
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Social Security, the entitlement that keeps millions of elderly Americans out of poverty with monthly checks gleaned from payroll taxes, ranks as one of Flint Journal readers&#39; top issues in this presidential election.
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Republicans will revive their effort to overhaul Social Security after the November elections, a "dangerous" plan that would cut benefits to senior citizens, the Democratic candidate for a Denver-area House seat said Saturday.
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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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Treasury Secretary John Snow has resigned and will be replaced by Goldman Sachs Chairman Henry M. Paulson Jr., a senior administration official said Tuesday. It is the latest chapter of a White House shake-up aimed to revive President Bush&#039;s presidency.
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WASHINGTON - More than 47 million Americans receiving Social Security will get a 2.7 percent increase - an extra $25, on average - in their monthly checks next year, but much of the increase will be eaten up by higher Medicare premiums.    The Social Security Administration announced the cost-of-living adjustment Tuesday, and the increase will start showing up in checks in January...
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The Social Security system will take in more money annually than it pays out in benefits until 2020, two years later than earlier estimated, the Congressional Budget Office reported Monday in a modest change unlikely to alter the growing political debate over the program.