June 14,2006

Baucus Comments on Latest Social Security Projections From Congressional Budget Office

Washington, DC – U.S. Senator Max Baucus (D-Mont.), Ranking Member on the Senate Finance Committee, released the following statement today upon the Congressional Budget Office’s publication of new financial projections for Social Security. Baucus led the fight in 2005 to stop the privatization of Social Security.

“These numbers show what we’ve known all along – that steps are going to be necessary to strengthen Social Security for future generations – but they do not demand a radical restructuring of the program, and certainly not privatization. Changes, when they come, must be responsible, measured, and in keeping with Social Security’s historic mission to provide dependable income to Americans who need it.”

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