RE:Is Social Security the first reform Bush tackles?
To add to what I posted above, according to the Washington Post, workers paid $627 billion into the system in 2002. $454 billion in benefits were paid out, and there were about $8 billion in administrative costs, leaving a surplus of $165 billion. If you started allowing workers to follow the Bush plan in 2005, assumed similar amounts paid into the system and that every worker in the system took advantage of privatization, you'd still have an annual surplus of nearly $64 billion.
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