Bob's Links and Rants

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Tuesday, February 08, 2005

Take that, W!

"Not only is Social Security nowhere near exhaustion, [...] the projections of bankruptcy do not reflect the many ways in which we can strengthen the system for the future without using aggressive and risky reforms. If Congress would seriously address Medicare reform, balance the budget, and make pension reform a real priority, then the solvency of Social Security would be assured indefinitely."

Later she writes, "I cannot support any plan to allow workers to place any portion of their Social Security taxes in risky investments, especially those that depend upon the stock market to appreciate in value."
-- Rep. Jo Ann Emerson (R-MO), via Michelle.