Young scoffed at President Bush's claims that Social Security needs an immediate fix.It would appear he knows political suicide when he sees it.
"We do have a slight problem," he said. "I think there's a possibility of a problem 45 years from now."
And Young said he remained "very unsold" on Bush's solutions to privatize Social Security.
"I'm not overly confident the average American knows how to invest in stocks," he said. "I don't want Wall Street involved in this."
Young said he would support making current individual retirement accounts more attractive through tax-law changes.
Tuesday, February 01, 2005
Another Republican Defector
Josh Marshall reports that Republican Representative Don Young of Alaska told reporters in an interview he wasn't buying Bush's Social Security hype or his plan. This just a couple of days before the release of the president's new Social Security speech code.