Bush wanted People to actually have some of the Money they contributed to SS invested and available to them when they Retired onto their State should they Pass Away.
He was eviscerated for even suggesting it.
My Childhood Best Friend died at age 61. He had been “contributing” to SS and Medicare since he was 16 Years Old. I estimate he contributed about $250,000 including the so called Employer match (as I have) to both Programs over his Lifetime.
His Family got $255 to help pay to Cremate him. That’s it.
Correction:
Bush wanted People to actually have some of the Money they contributed to SS invested and available to them when they Retired OR PASSED ON TO THEIR ESTATE WHEN THEY PASSED AWAY.