As President Bush continues to spend his political capital to climb out of the Social Security hole that he has dug for himself, polls show he's sinking faster than Tom DeLay can say, “Put it on my lobbyist buddy's credit card.”
Congressional Republicans are splintering while Democrats are hanging tough. Knowing that they must hang together, or assuredly they will hang separately in the 2006 midterm elections, Democrats have released a "Declaration of Unity" in which they assert:
Social Security guarantees Americans that if they work hard, contribute, and play by the rules, they have earned the right to retire in dignity, and their families will be protected in the event of disability or death.
We are united in our commitment to strengthen Social Security, not privatize it.
We will work to improve the retirement security of all Americans and will oppose any scheme for deep benefit cuts or massive debt to fund risky private accounts.
To see how much you would lose under Bush's privatization scheme, click here.
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