PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: ColtonGang who wrote (164286)	7/25/2001 9:12:12 AM
From: ColtonGang	Read Replies (2) of 769668

THE SHOE"S ON THE OTHER FOOT NOW........... MSNBC WASHINGTON, July 24 — Democratic leaders denounced President Bush’s commission on Social Security reform Tuesday for warning that the retirement system was in dire trouble, and accused the panel of using “biased” and “misleading” scare tactics to promote private investment accounts. — THE BATTLE had been brewing since May, when Bush appointed his President’s Commission to Strengthen Social Security with the explicit mission of figuring out how to let Americans invest some of their Social Security taxes in private markets. The panel is bipartisan, but Bush made support for some form of privatization a condition of appointment. Democratic leaders launched their offensive in a Capitol Hill news conference as the commission met at a Washington hotel to consider an interim staff report on the future of the retirement program, a draft of which put critics on the alert when it was made public last week. The nation’s top elected Democrats, Senate Majority Leader Tom Daschle of South Dakota and House Minority Leader Dick Gephardt of Missouri, appeared at a midday news conference to criticize the commission in unusually harsh terms.

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