Rep. Marion Berry (D-AR) says President Bush’s proposal to reform Social Security will bankrupt the program and the nation because of the interest on money borrowed to pay out benefits.
Rep. Berry says that paying back the interest on money borrowed for the president’s plan for Social Security reform will end up bankrupting not just Social Security itself but also the nation and that this is just another example of the president saying one thing and doing another. (:30)
February 4, 2005
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Related
- Outgoing chairman of Democratic National Committee Terry McAuliffe criticizes President Bush’s social security plan
- Michael Tanner explains the current Social Security structure of "pay-as-you-go"
- Senator Sam Brownback (R-KS) on the loopholes of President Bush’s prposed social security reform.
- Charge-and-spend Republicans
- Rep. William Jefferson (D-LA) Criticizes President Bush’s Plan to Reform Social Security
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