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Bush: My greatest failure in office was not passing the Toomey/Bush Social Security privatization plan

Bush: My greatest failure in office was not passing the Toomey/Bush Social Security privatization plan

Does Toomey Agree that his Inability to Privatize Social Security was his Greatest Failure, Too?

Harrisburg, PA – Yesterday, President George W. Bush admitted his greatest failure in office was not passing the Toomey/Bush plan to put Social Security in the hands of Wall Street bankers. Luckily for Bush, Pat Toomey is still fighting for their failed plan.

“Does Toomey agree that his inability to privatize Social Security was his greatest failure as a member of Congress?” said Mark Nicastre a spokesman with the Pennsylvania Democratic Party. “George W. Bush and Pat Toomey’s failure to put Social Security in the hands of Wall Street bankers saved Pennsylvania seniors thousands. If the Toomey/Bush plan had been successful seniors’ retirement savings would have been decimated by the economic collapse under President Bush. Pennsylvania seniors can’t afford to give Pat Toomey another chance to put Social Security in the hands of Wall Street bankers and avenge George W. Bush’s greatest failure.”

Bush: Failed Privatization Plan is Greatest Failure. “The former president said his greatest failure in office was not passing Social Security reform.” [Chicago Tribune, 10/22/10]

Toomey “thrilled” When President Bush Promoted Their Plan to Put Social Security in the Hands of Wall Street Bankers. “I have been arguing for many years in favor of Social Security personal retirement accounts. We must make meaningful reforms to Social Security to ensure its future solvency and to enable Americans to accumulate savings. I’m thrilled that the President is taking up this critical issue,” Toomey said. [Press Release, January 20, 2004]

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