Saturday, February 05, 2005

Republicans Question Social Security Plan

By LAURA MECKLER, Associated Press Writer

WASHINGTON - Congressional Republicans are expressing doubt that President Bush's plan for personal accounts in Social Security can win approval, saying lawmakers fear the political consequences of voting major change to the popular retirement program.

Some suggested that Bush jettison the central feature of his plan, which is to let younger workers divert part of their Social Security payroll taxes to private retirement accounts.

"Politically speaking, right now it's probably not doable," Sen. Pete Domenici, R-N.M., said Thursday, citing lack of Democratic support.
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