Wednesday, June 29, 2005

Blunt promises vote on Social Security accounts

Seventh District Congressman Roy Blunt is promising that President Bush's Social Security bill will be sent to the House floor in August or September...complete with the controversial private investment accounts.
An article in today's New York Times quotes Blunt and other Republican leaders who say they will push for passage of the president's plan, even though it has been greeted with little enthusiasm by the public.
"This is not too far too fast. ... This is a step we can take right now," Blunt is quoted as saying in an Associated Press article.
The plan calls for paying for the investment accounts through the temporary surplus in the system, plus borrowing more money and increasing the federal debt, according to the article.

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