The main battle begins. From Thursday’s Post: “President Bush plans to intensify his campaign to win public and congressional support for restructuring Social Security, warning that it would be a bad idea to delay action as the Senate Republican leader has suggested and politically unwise for lawmakers to oppose private accounts, White House officials said yesterday.”
Plus, two key grafs <$NoAd$>for the Fainthearted Faction chump-watch …
The “scope and scale goes way beyond anything we have done,” said Treasury Secretary John W. Snow, who heads to Arkansas today. The president is also privately discussing compromises to win Democratic backing and is likely to signal his support for new protections for low-income workers under Social Security, GOP sources said.
Snow told reporters that Bush also has not ruled out embracing a plan backed by many Democrats to create government-subsidized personal savings accounts outside the existing system. White House officials are privately telling Republicans that Bush is opposed to the idea but does not want to say so because it would appear he is not willing to compromise.
The weak point is still the Senate Fainthearted Faction.
