Summary: Bush's Social Security Plan
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A SOCIAL SECURITY PROPOSAL: The Bush administration is considering allowing younger workers to invest nearly &#36;2 of every &#36;3 from payroll taxes in private accounts, up to &#36;1,000 to &#36;1,300 annually.
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Economic assumptions from President Bush's proposed 2008 budget:
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Fresh from re-election, President Bush is dusting off an ambitious proposal to overhaul Social Security, a controversial idea that had been shelved because of politics and the administration's focus on tax cuts and terrorism.
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President Bush's advisers have settled on a proposal for structuring the personal accounts they hope to create in Social Security, while on Capitol Hill, Senate Democrats were launching an effort to defeat the plan altogether.
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Description: Shoring up Social Security for the wave of retiring baby boomers is a top priority at President Bush&#39;s economic summit taking place at the White House.
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The devil was in the missing details Wednesday night when President Bush showcased his Social Security plan and claimed advances on jobs and against terrorism that don't tell the full story.
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US President Bush said that ânow is the time to confront Social Security to deal with a projected $3.7 trillion shortfall over 75 years and give younger workers the ability to invest some of their retirement money in personal accountsâ.
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Pressing further for a change to the Social Security system, President Bush promised Thursday that seniors would not lose benefits under his plan to allow younger workers to divert
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President George W. Bush hopes to  revive his plan to overhaul the U.S. Social Security retirement  program if his Republican party keeps control of the Congress  in the November midterm elections, the Wall Street Journal  reported on Saturday.
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President Bush proposed the biggest  overhaul of Social Security since its 1935 creation on  Wednesday night in his State of the Union speech, and for the  first time said he would consider limiting future retirement  benefits as part of a solution.
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Social Security benefits will not change for retirees or wage-earners age 55 or older in the plan President Bush unveiled Wednesday night. But the government guarantee would drop for younger workers whether or not they set up personal accounts.
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The White House said on Monday for  the first time that President Bush's plan to add personal  retirement accounts to Social Security would be financed in  part by new government borrowing that could top $1 trillion.
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President Bush acknowledged the dicey politics of Social Security as he urged Congress to approve his plan to add personal accounts to the system. With the system in financial straits, he said, any political price is worth paying.
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Following is an outline of the economic positions of President Bush and his Democratic opponent Sen. John Kerry.
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As restructuring Social Security moves to the top of his agenda, President Bush is sidestepping a troublesome problem: Medicare, which provides health insurance for
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The Bush administration stepped up its attempt to build support for restructuring Social Security yesterday, saying in a Treasury Department report what it has said elsewhere: that the popular program will require either tax increases or cuts in benefits to remain viable in its current form.
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President Bush will outline ideas about strengthening Social Security but will not spell out all the details of a plan to fix the system's financial problems when he delivers his State of the Union address Wednesday night.