Wednesday, March 30, 2005

Bush pushes Social Security accounts in Iowa - Financial - Financial Services - Bond Market - Economy

Bush pushes Social Security accounts in Iowa - Financial - Financial Services - Bond Market - Economy

Pressure is growing to save Social Security. Bush says those who oppose will pay a political price. Bush has shown his willingness to drop support for Republican or Democratic congressmen who work against his policies. Bush has a lot of levers to pull. The main one continues to be the fact that the Social Security Trust Fund is under-funded and needs to be addressed. Should reform not be passed, Social Security will be a Republican issue. In the past, Demo crates were able to use Social Security to attack Republicans. Failure to address the short-fall will provide the President a tool to bludgeon Democrats who oppose.

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