Boulder City |
President Bush on Social Security (Tampl, FL, 4/5/05) "Because the - all which is on the table begins to address the big cost drivers, for example, how benefits are calculate, for example, is on the table; whether or not benefits rise based upon wage increases or price increases ..." "There's a series of parts of the formula that are being considered, and when you couple that, those different cost drivers, affecting those - changing those with personal accounts, the idea is to get what has been promised more likely to be - or closer delivered to what has been promised. Does that make any sense to you? It's kind of muddled." "Look, there's a series of things that cause the - like, for example, benefits are calculated based upon the increase of wages, as opposed to the increase of prices. Some have suggested that we calculate - the benefits will rise based upon inflation, as opposed to wage increases ..." "There is a reform that would help solve the red if that were put into effect. In other words, how fast benefits grow, how fast the promised benefits grow, if those - if that growth is affected ..." Well, now that that is perfectly clear ...
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