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Tuesday, May 03, 2005
House GOP Split on SS; Analysts Respond to Proposals
House Republicans, it seems, are split on how to act on Social Security. Some, including Speaker Dennis Hastert (R-IL), want to wait for the Senate to act before moving forward with legislation proposals. Others, such as Tom DeLay (R-TX) and Bill Thomas (R-CA) have indicated that they want to move forward with hearings and legislation more quickly. Click here for more information.
There has been a lot of reaction to the news conference President Bush gave last week. This New York Times editorial discusses how Bush's plan may sound like he is trying to guard poor people from cuts, but that in reality his plan would significantly reduce benefits for millions and millons of Americans. The Center for American Progress and CBPP have also analyzed both the President's plan and Robert Pozen's Progressive Price Indexing Plan. The analyses are below.
Why the President's Social Security Proposals Could Ultimately Lead to the Unraveling of Social Security
Analysis of Conservative Social Security Proposals Presented Before the Senate Finance Committee
Posted by Becky Lewis
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