Get Your Blog Up

“This administration is populated by people who’ve spent their careers bashing government. They’re not just small-government conservatives—they’re Grover Norquist, strangle-it-in-the-bathtub conservatives. It’s a cognitive disconnect for them to be able to do something well in an arena that they have so derided and reviled all these years.”

Senator Hillary Clinton

Tuesday, February 01, 2005

Democrats united on Social Security

Reid has them all lined up:
The top Democrat in the Senate on Tuesday predicted that President Bush's plan to revamp social security by diverting taxes into private investment accounts would fail to pass Congress.

Senate Democratic Leader Harry Reid was speaking as Bush prepared to use his State of the Union address on Wednesday to argue for his proposals and then follow up with a five-state tour to campaign for the new investment accounts.

"President Bush should forget about privatizing Social Security," the Nevada Democrat said. "It will not happen. The sooner he comes to that realization, the better off we are."

Bush has yet to spell out details of his plan but hopes to build public support and win over some Democrats while shoring up support from his own Republicans who control Congress.

Without Democratic support, the plan will fail to win the 60 votes needed to overcome procedural hurdles which can block any major piece of legislation in the 100-member Senate.

Reid said none of the 44 Democrats in the Senate would back a plan that diverts Social Security taxes into accounts that workers would invest in stocks and bonds.