1 posted on
01/23/2005 6:36:45 AM PST by
flitton
To: flitton
"Meanwhile, prospects for reform of the social-security system are fading, as some Republicans abandon the president for fear that his proposed reduction in benefits will cost them so many seats that they will lose control of Congress, and others realise that creating private accounts will reduce the flow of money into the system without reducing outlays a combination that would balloon the deficit by between $2,000 billion and $5,000 billion. There is a story going around the net and it sounds feasible.
It goes like this, allow an individual to take ex-amount of money each year and invest it in a private account tax free (IRA's?) than when they apply for SS the amount accumalated would be deducted off their benefits. It wouldn't cost the government as much to implement.
2 posted on
01/23/2005 6:42:46 AM PST by
stopem
To: flitton
Great news about the trade deficit!..A positive piece..Thanks.
3 posted on
01/23/2005 6:43:50 AM PST by
MEG33
(GOD BLESS OUR ARMED FORCES)
To: flitton
"crisis, a tax system he says is archaic, I was really looking forward to a TOTAL tax overhaul and reform!! Besides the tax cuts, a total overhaul is so needed and ASAP!
4 posted on
01/23/2005 6:44:18 AM PST by
stopem
To: flitton
Buoyant Bush plans a radical second term I wish that were the case. Alas, it is not. Frist's weak-kneed response to the Condi.gonzalex delays, and Specter's hiring of the NAACP hag as chief counsel, show that Bush's judicial revolution is stalled before it even reaches the starting gate.
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