AFL-CIO Continues Fight Against Privatization of Social Security

As President Bush brings his social security privatization pitch to midwest states today - including North and South Dakota and Nebraska - the AFL-CIO is joining other progressive groups to rally against it. AFL-CIO midwest representative Shelley Seeberg says that draining money from social security into private accounts undermines social security while creating as much as $2 trillion more in federal debt. Seeberg says that not only does
Bush's irresponsible scheme not strengthen social security, but it undermines it.

[Shelley Seeberg]: "Well the truth of the matter is under the Bush plan social security would run out of money fourteen years sooner than is now expected. So essentially, this makes social security funding problems worse, not better."