Thursday, December 16, 2004

Bush: Social Security Reform Needed Now

Yahoo! News - Bush: Social Security Reform Needed Now: "Bush has ruled out an increase in payroll taxes to pay for the overhaul. Experts say he would have little choice but to borrow the funds, perhaps $1 trillion to $2 trillion, in order to continue paying benefits for current and near-retirees whose checks are funded by workers' payroll taxes." I've always wondered who these "experts" are. To get this through, I've always thought that it would be ok if I choose to do it, then my taxes would be increased to pay for it. I'm willing to do that.

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