bush press conference 2

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Bush Social Security Plan Would Cut Future Benefits
By Jim VandeHei and Michael A. Fletcher
Washington Post Staff Writers
Friday, April 29, 2005; A01
http://www.washingtonpost.com/wp-dyn/content/article/2005/04/28/AR2005042801044.html

...Despite opposition from Democrats and a lukewarm response from the public, he intensified his push for private accounts financed by a portion of a worker's payroll taxes. To pacify those worried about the risk associated with investment, the president, for the first time, said one of the investment options should be no-risk Treasury bonds. ...


Now would those be the same bonds that the president bush has called "worthless IOU's?"

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