WASHINGTON (Reuters) - President Bush (news - web sites) said on Thursday he planned to start work immediately on reforming America's ailing Social Security (news - web sites) retirement system and predicted a long slog ahead.
"We will start on Social Security now. We will start bringing together those in Congress who agree with my assessment that we need to work together," he said in his first news conference after the bitterly contested presidential election.
Bush said reforming Social Security would be a priority during his second term and he predicted it would be very tough and costly.
The future of Social Security and the financial strains it faces when 77 million baby boomers begin to retire was a major issue in this year's presidential elections.
More ... http://story.news.yahoo.com/news?tmpl=story&cid=578&e=2&u=/nm/20041104/ts_nm/bush_social_security_dc
There will be lot of angry senior citizens. I feel sorry for them... Soon, deafies will be next.
"We will start on Social Security now. We will start bringing together those in Congress who agree with my assessment that we need to work together," he said in his first news conference after the bitterly contested presidential election.
Bush said reforming Social Security would be a priority during his second term and he predicted it would be very tough and costly.
The future of Social Security and the financial strains it faces when 77 million baby boomers begin to retire was a major issue in this year's presidential elections.
More ... http://story.news.yahoo.com/news?tmpl=story&cid=578&e=2&u=/nm/20041104/ts_nm/bush_social_security_dc
There will be lot of angry senior citizens. I feel sorry for them... Soon, deafies will be next.
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