Wednesday, May 04, 2005

US Has Very Low Confidence In Bush's Social Security Scheme

A solid majority of Americans predict that their benefits will have to be cut or their taxes raised to ensure the long-term future of Social Security, a sign that most people are prepared to endure some pain to preserve the nation's retirement system.

A USA TODAY/CNN/Gallup Poll taken Friday through Sunday finds both parties viewed skeptically on the issue, though. Sixty-two percent worry that Republicans will "go too far" in changing Social Security; 61% worry that Democrats "will not go far enough."

President Bush, who has put Social Security at the top of his second-term agenda, gets his worst rating so far on the issue: 35% approval, 58% disapproval. The idea he endorsed last week of "progressive indexing" - maintaining future benefits for low-income workers but reducing initial benefits for the middle-class and affluent - was opposed by 54%-38%.
(USA Today)

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