Brickbats blur Bush proposal for Social Security
Topic 1 The Washington TimesBrickbats blur Bush proposal for Social SecurityFebruary 6, 2005 SundayBy Donald Lambro, THE WASHINGTON TIMESPlan backers say 'truth' obscuredPresident Bush's Social Security reform proposal to let workers invest some of their payroll taxes in stocks and bonds would dramatically change the way millions of Americans prepare for their retirement, but the complex details of how his sweeping plan would work have been obscured by the furious political battle it has ignited.Mr. Bush's personal retirement account (PRA) plan has been attacked by the AARP as a high-risk gamble, which the politically powerful retiree lobby compares to playing the slot machines, even though one of the few investment choices the plan would allow is what Social Security invests in now - U.S. Treasury bonds.
