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Bush Repeats Call for Social Security Reform
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http://enews.voanews.com/t?ctl=BDE93B:2AB91D3

In weekly radio address, president says he will discuss proposals for
Social Security program next week, in visits to New Jersey and Indiana





George W. Bush

President Bush says he had good discussions while in Europe last week,
and now back home is ready to push a top domestic priority, reforming
the U.S. retirement system.

In his weekly radio address Saturday, Mr. Bush said he will discuss
his proposals for Social Security next week in the U.S. states of New
Jersey and Indiana. He says he also looks forward to discussing the
issue with members of Congress.

Mr. Bush reiterated his call for voluntary personal retirement
accounts that would invest in what he called a conservative mix of
bond and stock funds, saying that could earn a higher rate of return
than anything in the current system.

The president says he is open to all options - except raising the
payroll tax rate.

Some Democrats and other opponents to the plan say the reforms are too
risky, costly, and unnecessary.


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