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Reply #3: GOP'S oen poll shows support for no wage cap/no carve out accts [View All]

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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-26-05 01:08 PM
Response to Reply #2
3. GOP'S oen poll shows support for no wage cap/no carve out accts
Clinton's addon accounts will be all that they can get.

http://ap.tbo.com/ap/breaking/MGBPCM2QF4E.html

Bush Says He Will Lead Congress on Social Security; Some Republicans Nervous

By David Espo The Associated Press


<snip>In a troublesome sign for Republicans, sentiment swings against personal accounts when near-retirees are exposed to a series of common arguments for and against the proposal.

<snip>In his remark about payroll taxes, it was not clear whether Bush was also ruling out a change that would apply the levy to income that is now tax-free. Some Republicans in Congress support such a move.

<snip>
The GOP polling found that a majority of voters oppose reducing the starting benefit for all future retirees, or borrowing money or increasing the national debt.

On the other hand, there is support for applying the payroll tax to all income rather than maintaining an existing cap, and for reducing starting benefits for those who retire early.

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