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The Bush agenda.

Knight Ridder/Tribune News Service

| February 01, 2005 | COPYRIGHT 2005 McClatchy-Tribune Information Services. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SOCIAL SECURITY

The president wants to give Americans the option of diverting a portion of their Social Security taxes into individual stock and bond accounts. He hasn't said how he will pay for the plan, which could amount to $2 trillion in start-up costs over 10 years. He wants to move quickly and engage the public to support a major overhaul of the retirement system. But public-opinion polls show skepticism, and members of Congress are wary of angering the powerful senior-citizens lobby.

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TAX REFORM

Bush has asked a task force led by former Florida Sen. Connie Mack to look at a complete revamping of the tax code. But Republicans in Congress are splintered into several camps, including those who favor a flat income tax and others who would like to scrap the IRS and replace the agency with a national sales tax.

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WAR FUNDING

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