Bad Deal:

  • by:
  • 03/02/2023

President Bush's plan to reform Social Security with personal retirement accounts continues to receive a frosty reception among liberal Republicans. Rep. Rob Simmons (R.-Conn.) told the Washington Post: "Why stir up a political hornet's nest ??¢â???¬ ¦ when there is no urgency?"

Meanwhile, four Democrat senators-Max Baucus (Mont.), Blanche Lincoln (Ark.), Joe Lieberman and Ben Nelson (Neb.)-met to discuss Social Security reform with maverick Sen. Lindsey Graham (R.-S.C.), who wants to trade personal retirement accounts for an increase in the payroll tax.

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