- Feb 12, 2005
- Reaction score
- Political Leaning
I have mixed feelings about this plan. On one hand, low income people don’t have enough to live on with just SS alone, and could use an increase. On the other hand, wealthy people paid more into SS, so why should they be penalized because they earn too much when they retire. What do ya all think about it? Could this be a good solution?
SourceApr 28, 6:06 PM (ET)
By DAVID ESPO
WASHINGTON (AP) - President Bush intends to prod Congress to consider raising Social Security benefits for low-income retirees while curtailing them for others as part of a plan to shore up the program's finances, Republican officials said Thursday in advance of Bush's prime time news conference.
Nearing the end of a 60-day campaign for Social Security overhaul, Bush had no plans to back down from his insistence that legislation include voluntary personal accounts for workers under 55, these officials added.