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On February 2, 2005, Bush made Social Security a prominent theme of his State of the Union Address. In this speech, which sparked the debate, it was Plan II of CSSS's report that Bush outlined as the starting point for changes in Social Security. He outlined, in general terms, a proposal based on partial privatization.
George Walker Bush [a] (born July 6, 1946) is an American politician and businessman who was the 43rd president of the United States from 2001 to 2009. A member of the Bush family and the Republican Party, he is the eldest son of the 41st president, George H. W. Bush, and was the 46th governor of Texas from 1995 to 2000.
When the New York State Wage Board announced that the minimum wage in New York City would be raised to $15 an hour by December 31, 2018, Patrick McGeehan argued in The New York Times that it was a direct consequence of the Fight for $15 protests, and that "the labor protest movement that fast-food workers in New York City began nearly three ...
The 2000 presidential campaign of George W. Bush, the then-governor of Texas, was formally launched on June 14, 1999, as Governor Bush, the eldest son of former President George H. W. Bush, announced his intention to seek the Republican Party nomination for the presidency of the United States in the 2000 presidential election.
After Bush was re-elected, he made Social Security reform a top priority. He proposed options to permit Americans to divert a portion of their Social Security tax (FICA) into secured investments, creating a "nest egg" that he claimed would enjoy steady growth. This led Democrats to label the program a "privatization" of Social Security. Bush ...
President Bush also signed into law Medicare Part D, which provides additional prescription drug benefits to seniors. The program was not funded by any changes to the tax code. According to the GAO, this program alone created $8.4 trillion in unfunded obligations in present value terms, a larger fiscal challenge than Social Security. [41]
New York Gov. Kathy Hochul halted a plan to charge most motorists $15 to enter the core of Manhattan, upending the nation’s first “congestion pricing” system on Wednesday just weeks before ...
TARP allowed the United States Department of the Treasury to purchase or insure up to $700 billion of "troubled assets," defined as "(A) residential or commercial obligations will be bought, or other instruments that are based on or related to such mortgages, that in each case was originated or issued on or before March 14, 2008, the purchase of which the Secretary determines promotes ...