December 16, 2004: Bush: Social Security Reform Needed Now (AP)

  • “I’m looking forward to working with members of both chambers and both parties to confront this issue today, before it becomes more acute,” Bush said. “By doing so, we will send a message not only to the American people that we’re here for the right reason, but we’ll send a message to the financial markets that we recognize that we have an issue with both short-term deficits and the long-term deficits of the unfunded liabilities of entitlement programs.”