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|The Proposed New Social Security System: Less Costly than the Old|
Investor's Business Daily via Cato Institute
Oct. 21, 2004
Excerpt: During his acceptance speech at the Republican National Convention, President Bush reinforced his commitment to modernize Social Security when he said, 'We must strengthen Social Security by allowing younger workers to save some of their taxes in a personal account -- a nest egg you can call your own, and government can never take away.' Such legislation would be the most fundamental, and needed, reform since President Roosevelt introduced Social Security ... as part of his New Deal.
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