Thursday, November 11, 2004

Bush wants Social Security privatized

metro.us

Bush wants Social Security privatized

WASHINGTON

Fresh off reelection, President Bush is dusting off an ambitious plan to overhaul Social Security, a controversial proposal that had been shelved because of politics and the administration’s focus on tax cuts and terrorism. Bush envisions a framework that would partially privatize Social Security with personal investment accounts similar to 401(k) plans.