April 26, 2005

Sinking Feeling


From FoxNews: Social Security Reform Takes Center Stage.

As President Bush was finishing up his 60-day tour touting his Social Security reform plan, Congress prepared a flurry of its own activity to see if the administration's proposal will result in any substantive changes.

Bush declared during his State of the Union address in February that he wanted younger workers to be able to invest a portion of their payroll taxes. The Senate Finance Committee began its first hearing on the proposal Tuesday.

UPDATE -- April 28: This cartoon appears in today's Investor's Business Daily.

Posted by Forkum at April 26, 2005 08:34 PM