Paulson May Find Bush Is Biggest Hurdle to Social Security Deal
US Treasury Secretary Henry Paulson, who left one of Wall Street's most powerful posts in part to broker a Social Security overhaul, may find his biggest hurdle is his boss, President George W. Bush. For both substantive and political reasons, any fix to Social Security must both increase revenues and reduce benefits, budget experts say. Paulson, the former Goldman Sachs Group Inc. chief executive officer, is inviting Democrats and Republicans to talks including all options; at the same time, White House officials appear to rule out raising taxes.
http://www.truthout.org/issues_06/013007LA.shtml
http://www.truthout.org/issues_06/013007LA.shtml
rudkla - 31. Jan, 11:55