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Politics : Politics for Pros- moderated

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To: LindyBill who wrote (111716)	4/29/2005 9:35:00 AM
From: Lane3	Read Replies (2) of 791969

>>A few MSM outlets made this point. The Wall Street Journal reported, "Under his proposal to adjust benefit levels, low-income workers would continue, as they do under current law, to have their initial retirement benefits linked to the growth ofwages in the economy. But the wealthiest seniors would have their initial benefits tied to price inflation, which generally rises more slowly than wages."<< I wonder where they got this from. It sure wasn't in the speech. Bush didn't say how he was proposing to change projected benefits. >>So I propose a Social Security system in the future where benefits for low-income workers will grow faster than benefits for people who are better off.<<

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