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September 23, 2004

Campaign Roundup: Kerry, Bush argue on Social Security

Democratic presidential challenger John Kerry on Wednesday attacked President Bush's proposal to create private, individual Social Security accounts as a "rip-off" that would short-change seniors and enrich financial services firms.The proposal, a key element of Bush's proposed "ownership society" platform, would allow younger workers to divert some of their Social Security payroll taxes into voluntary, private, individual accounts that could be invested in the stock market.

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Posted by Tom Troceen