Social Security: The President’s Plan [PBS Online NewsHour]

Reiterating his Social Security reform proposals first outlined in a primetime news conference, President Bush called on Congress to consider his proposal to allow benefits for lower income earners to increase more quickly than for more wealthy individuals.

The idea the president is referring to is called progressive indexing. Its author is Robert Pozen. Mr. Pozen is chairman of MFS Investment Management in Boston and served as a member of President Bush’s Commission to Strengthen Social Security.