Visit our new Front Page Store . New Sign up for MyNews Receive headline news, full articles and breaking news via the Web or wireless device. And the return will only decline further, maybe even below zero if we do not proceed with reform,'' said Bush, who named a commission to recommend ways to mend the system. Members include both Republicans and Democrats who favor partially privatizing the federal retirement plan.
Democratic leaders oppose that idea.
The commission is to present its findings to Bush in the fall, and should include a plan to allow younger workers to invest a portion of their payroll taxes in private accounts, he said. Any recommendation would be subject to congressional approval. The president, of course, is going to appoint commissioners who will help him implement the promises he made in his campaign,'' said White House spokesman Ari Fleischer. Until this point I never believed I was going to get anything out of Social Security when I retired,'' said Parsons, 48. This is a stacked, completely orchestrated effort to come to a desired result,'' said Senate Democratic leader Tom Daschle.