March 10, 2005: Bush Travels to Back Social Security (AP)

  • In Washington, House Democratic Leader Nancy Pelosi said Bush had floated two proposals, one, “private accounts that would seriously undermine the solvency of Social Security. And the other, which is the indexing to prices rather than wages, would lead to benefit slashes of about 40 percent. Again, these are nonstarters with the American people,” she said.