Pelosi: 'President's Privatization Plan Would Be a Nail in the Coffin of Social Security'

U.S. Newswire › May 03, 2005

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Summary

WASHINTON, May 3 /U.S. Newswire/ -- House Democratic Leader Nancy Pelosi, Democratic Whip Steny Hoyer, and Rep. Charles Rangel and Sandy Levin of the Ways and Means Committee held a news conference this afternoon to voice their opposition to President Bush's Social Security plan, which would be the largest benefit cut for the middle class in the history of Social Security. Below are Pelosi's remarks:

"Last week, President Bush confirmed what we had known all along, and what Democrats have been telling the American people: the President's privatization plan would force cuts in Social Security benefits for the middle class.

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Pelosi: 'President's Privatization Plan Would Be a Nail in the Coffin of Social Security'

"I don't know what the middle class ever did to President Bush, but he rea...

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