As we noted earlier, Rep. Jim Kolbe (R) of Arizona and Rep. Allen Boyd, the Dean of the Fainthearted Faction, held a press conference yesterday on Capitol Hill to unveil their Social Security phase-out legislation which they call the “Bipartisan Retirement Security Act of 2005.”
They handed out a detailed summary of the legislation, a document describing its purported effect on women and another describing its purported effect on people with low incomes. They also put out this ‘Short Summary’ of their legislation, which we’ve posted here in annotated form for your reading pleasure.
