Statement On The President's Social Security Plan
April 29, 2005
The President is stubbornly sticking to privatization, which only robs the Social Security trust fund of needed funds and will turn Social Security from a guaranteed benefit to a guaranteed gamble for younger Americans.
In addition, his cuts in benefits turns Social Security from an insurance program into a welfare program with harmful benefit cuts to the middle class.
The challenges we face on Social Security over the next 36 years do not have to be met by this radical plan.
http://boxer.senate.gov/news/record.cfm?id=237092