Taking The Plunge

On the way to his vision of an ownership society, President Bush picks a big fight over Social Security

Just two days after the election, President George W. Bush was already teeing up the mother of all political issues, Social Security reform, declaring it a top priority for his second term. In a bold admission, Bush warned that "there are going to be costs." No other President or candidate for the office has been willing to say it so plainly and then tackle the issue head on--even though Social Security's looming insolvency has been apparent for decades. It's a daring gambit on Bush's part, and he can expect a difficult fight. But he has made it clear that he's eager...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!