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Sunday, May 15, 2005

Breaking Party Lines???? What a shame......

Democrat Defies Party Line with Social Security Plan

It seems one democrat has a plan.
  • In new political maneuvering over Social Security, a Democratic lawmaker on Monday will introduce a plan for shoring up the finances of the retirement system, putting him at odds with leaders of his party.
    Rep. Robert Wexler of Florida says that by imposing a 6 percent tax on wages above $90,000, to be paid half by workers and half by employers, the government could raise enough money to solve Social Security's financial problems for 75 years. Workers and employers pay a combined 12.4 percent Social Security tax on wages up to $90,000 a year, but none on amounts above that.
Well it is a start I guess, 75 years is not the goal is it? I would like to see all Americans be able to invest their own money. I admire Wexler for at least trying to get something done. The article goes on to say
  • In proposing the idea, Wexler has drawn praise from the White House but criticism from some in his own party.
  • "He's a party of one on this," said Jim Manley, spokesman for Senate Minority Leader Harry Reid, D-Nev.

    "This is not the Democratic plan," said Jennifer Crider, press secretary to House Minority Leader Nancy Pelosi, D-Calif.
Who would want to be democrat..... If you try to support your state you recieve no support and stand alone. Bush should applaude Wexler's effort, even if he dislikes the plan. I do.

B4B has this.

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