Bush Considers Domestic Spending Freeze - Guardian

[rndmprsn]

http://www.guardian.co.uk/worldlatest/story/0,1280,-4678960,00.html

STARVE THE BEAST!

WASHINGTON (AP) - President Bush is considering asking Congress to freeze domestic spending next year or cut it slightly, even as he prods lawmakers to allow younger workers to divert some of their Social Security taxes into personal investment accounts.

The two plans, which promise to be dominant issues next year, share a common thread: massive federal deficits that have set consecutive records, peaking at $413 billion last year. The shortfalls have prompted Bush to seek savings from non-defense, non-domestic security programs, and have limited his options for shoring up Social Security for the looming retirement of baby boomers.

``This is an issue on which I campaigned and I'm still standing,'' Bush said of revamping Social Security at a White House economic conference, words he hoped would prompt support from lawmakers loathe to meddle with the giant retirement system.

Bush wants to let younger workers take part of the Social Security taxes they now pay and invest the money in private accounts. Democrats say the proposal would enrich Wall Street bankers while further weakening the solvency of Social Security.

[Sara Beverley]

1. Uh oh, there goes the country!

Feed the bear by starving the people. Revolution is on the way.

[bryant69]

2. Freeze Domestic Spending?

We must save social security by, uh, destroying social security.

We must ensure financial stabiilty to take care of our obligations to out citizens. The only way to do that is to stop taking care of our obligations to our citizens.

You can have all the armor in the world and still get blown up.

Seriously I think my head is going to be explode.

Bryant
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