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Nixing a Social Security Compromise
Tweet Share on Facebook January 9, 2007 CommentDon't bet on some grand compromise between President Bush and Congress to reform Social Security. There's been plenty of conjecture of late that Bush might agree to a plan that would raise the payroll-tax income limits as one way of returning the social insurance program to long-term solvency. Any reform plan would have to make its way through the Senate Finance Committee, which will be chaired in the new Congress by Montana Democrat Max Baucus. He's a guy the White House thought at one point might be a vote in favor of Bush's plan to carve out personal savings accounts as a way to make Social Security a better deal for younger workers.
