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February 2, 2005 2:00 AM

What Bush did and did not say about his Social Security plan

President Bush devoted lots of attention in his State of the Union address to his proposal for new personal investment accounts, which he said would help improve the future financial stability of Social Security. The president was selling a fundamental change to Social Security involving many complex parts. Like any good salesman, he was putting the best face on his plan, and he didnt mention many other aspects of it that would result in greater federal debt and lower Social Security benefits for many Americans. Here is some of what the president didnt say.

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