From: Mike N. 

On Thu, 3 Feb 2005 16:33:08 -0500, "Robert Comer"
 wrote:

>That's just what reported, I have no quote from Bush, they are saying 40% or
>more is going to be cut, no mention of age, though that would be a logical

   They haven't specified yet what will happen to the benefits of the 40-55
group (so that's why I don't have an opinion on his whole plan yet).   Even
an extremist like Barbara Boxer says that you'll see 20-30% cut in benefits
if we don't do anything.   So you might as well have something extra above
your 401K to backfill against the reduced benefits in the future.

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