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Latest Polling on Bush Privatization Plan for Social Security

We really have to stay focused and strong on this issue, but it is good news that the latest polling on Social Security remains weak on the President's privatization plans:

"President Bush, who has put Social Security at the top of his second-term agenda, gets the worst approval-disapproval ratings of his presidency, 35%-58%, on the issue. The idea he endorsed last week of "progressive indexing" — maintaining future benefits for low-income workers but reducing initial benefits for the middle-class and affluent — was opposed by 54%-38%.

Democratic pollster Geoffrey Garin sees bad news for Bush. "The more time he spends on this, the worse it gets for him," Garin says. "At some point, you conclude the American people aren't buying what the president is selling."

The findings underscore how difficult it will be to enact anything anytime soon. Asked what action this year would be best for them in the long run, 27% choose passing a Republican plan, 22% choose passing a Democratic plan — and 46% choose passing no plan this year.

Bush's proposal to allow workers to divert some of their payroll taxes to individual investment accounts was supported by 44%, opposed by 52%. That's slightly better than in a survey in April but slightly worse than one in March.
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5/27/2005 02:01:00 PM

If,Under Bush's plan, a person decides to divert up to 4% of his/her 7% contribution to a private account: What happens to the current employers match. Does that continue to the Fed. govt. or does that match also go into the private account?    



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