Social Security: The Real Risks

From the Institute for Policy Innovation

An opinion piece by Peter Ferrara.

John Kerry's bitter denunciations of President Bush over Social Security are craven, opportunistic and false. Worse yet, Kerry's approach to the program's crisis risks disaster.

Kerry charges that Bush secretly plans to cut benefits or hike Social Security taxes to fund his "scheme" to privatize the program. In fact, Bush has spelled out seven principles of reform, including no tax hikes or benefit cuts. Kerry's claim that Bush's plan will cost trillions is another canard.