We explore just how “moderate” these reforms are, and what exactly they do to solve the system’s long-term deficit.
Locations: National
False Attacks Over ‘Windfalls’ to Wall Street
We find that brokers netted only 16 cents in fees to manage a $10,000 retirement account under the federal retirement system on which Bush is modeling his private Social Security accounts.
Bush’s State of the Union: Social Security ‘Bankruptcy’?
That term could give the wrong idea. Bush also makes private accounts sound like a sure thing, which they are not.
MoveOn.org Social Security Ad
Liberal group’s ad falsely claims Bush plan would cut benefits 46 percent.
Does Social Security Really Face an $11 Trillion Deficit?
Bush and Cheney say yes. But actuaries say the figure is “likely to mislead” the public on the system’s true financial state.
Social Security Ads: Risk or Protection?
Pro-Bush group’s first TV ad states the problem correctly. But the AARP uses a misleading photo.