http://www.foxnews.com/story/0,2933,154980,00.html
“If you’re a younger worker, and you start paying into the payroll system today, and 2041 is about the time you start retiring, I’m telling you, the system is going to be bankrupt unless we do something about it,” the president said.
“In other words, you’re working all your life, you’re putting money in, and by the time it comes for you to get ready to retire, there’s nothing there. That’s a problem, folks, and it requires a solution, requires people to come together to make this work.”
Bush’s proposals are confronting stiff opposition from Democrats who fear his true agenda is to wean workers off government assistance in retirement, which they say could leave many at risk of falling into poverty.