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WASHINGTON, Feb. 2 (Xinhuanet) -- US President George W.
Bush willuse his State of the Union address on Wednesday night to argue for
his plan for overhauling Social Security, and stress the need to stay the
course in Iraq.
Bush will deliver a 40-minute
speech to a joint session of Congress at 9 p.m. EST (0200 GMT Thursday), the
first annual speech for his second term. Millions of Americans are expected to
watch the televised speech.
The White House said Bush's address will be divided
evenly between domestic policy and foreign affairs. Social Security and Iraq
were expected to top the State of Union agenda.
Administration officials said Bush would flesh out
new details about his plan to allow workers to divert a portion of their payroll
taxes into private accounts with an aim of fixing the long-term fiscal problems.
Under the system's current projections, Social
Security will start taking in less in payroll tax revenue than it pays out in
benefits in 2018, and by 2042 will be able to pay only around three-quarters of
benefits promised by the system.
During his campaign for re-election, Bush had said
the Social Security was facing a crisis if left unchanged. He has promoted his
privatization plan on his campaign trails.
Many Democrats oppose Bush's reform proposal, saying
individualaccounts would add to the deficit and force at least temporary cuts in
Social Security benefits. They say the plan us the wrong solution for a system
that is not in crisis.
Senate Minority Leader Harry Reid of Nevada, calling
the Bush plan "Social Security roulette," said Democrats had more than enough
votes to block Bush's proposal. "President Bush should forget about privatizing
Social Security. It will not happen," Reid said Tuesday.
As a compromising gesture, officials said Bush would
promise inhis address that workers currently 55 and older would stay in the
current system, with their benefits unchanged.
"I think you will hear him talk in greater detail
than he has previously about how we need to work together to solve this problem
and permanently fix Social Security so that we don't have to come back any
decade or two decades to try to fix this problem," White House spokesman Scott
MeClellan said.
Speaking three days after Iraq held an election, Bush
would also emphasize the need to complete the job of training Iraqi security
forces to take on primary responsibility for protect Iraq,officials said.
Reid and other Democrats have called on Bush to spell
out "a real and understandable plan" in his speech for the US military forces to
pull out of Iraq following the election. "We need an exit strategy so that we
know what victory is and how we can get there," Reid said.
But the White House said Bush would not set out a
plan to bringhome American troops, insisting that a timetable of withdrawal
would send a wrong message to terrorists "because all the terrorists have to do
is wait, and then they can plan and coordinate and prepare attacks around those
timetables."
Administration officials also said Bush's speech
would be "a blueprint" to complement the central theme of his Jan. 20 inaugural
address - spreading democracy around the world.
The president will talk about how to build on the
successes of the elections in Afghanistan, the Palestinian territories and
Iraqand reaffirm his commitment to expanding democracy, officials said.
Among other important agenda, Bush was also expected
to touch on the need for strict budget discipline as part of his plan to cut the
deficit in half by 2009 from a 2004 deficit of 521 billiondollars. He will
announce the 2006 federal budget on Monday. Enditem |