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  • Democrats rip GOP on Social Security plan (privatizing could cause huge debt for decades)

    07/08/2006 1:34:40 PM PDT · by Libloather · 33 replies · 825+ views
    Yahoo News ^ | 7/08/06 | MIKE WILSON
    Democrats rip GOP on Social Security planBy MIKE WILSON, Associated Press Writer 1 hour, 21 minutes ago DES MOINES, Iowa - The Republican plan to privatize Social Security could cause huge debt for decades, a Democratic candidate seeking a House seat in Iowa, a state with a high concentration of elderly residents, said Saturday. "If the Republican plan is allowed to pass, future generations both here and across the country will be saddled with decades of debt and no guaranteed retirement security," Bruce Braley said in the Democrats' weekly radio address. Braley, 48, a lawyer from Waterloo, faces Republican Mike...