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Presidential News

Bush Will Keep Promoting Retirement Plan

Sunday, May 01, 2005 8:59:44 PM
By JENNIFER LOVEN

President Bush tells reporters as he leaves church Sunday morning, May 1, 2005 in Washington, that he is proud of his wife, first lady Laura Bush, during her comedy routine at the White House Correspondents Association dinner in Washington Saturday evening. (AP Photo/Susan Walsh)WASHINGTON (AP) - President Bush's 60-day nationwide road show launched to raise support for his drive to create private Social Security investment accounts is over, but he has no plans to stop traveling the country or pitching his ideas.

For one thing to talk up, Bush has his new proposal to fix most of Social Security's long-term fiscal problems by cutting benefits now promised to future retirees in all but the lowest income brackets.

He also still has significant work to do on his personal accounts proposal, which he says would encourage individual ownership and offer the prospect of better returns for retirees.


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