Issue Position: Social Security
· The numbers are Code Red-in America's federal deficit, balance of trade, foreign borrowing, exchange rates, global competitiveness, infrastructure investment, health care finance, higher education budgets, and troop replacement but NOT in Social Security.
· There is no crisis. Social Security is secure for decades to come. Projected imbalances may never materialize, and we can correct them without radical changes.
· President Bush's privatization scheme undermines Social Security, explodes the deficit, and puts comfortable retirement farther out of reach for most Americans.