Tuesday, April 12, 2005

Rangel Attacks Social Security Plan - April 12, 2005 - The New York Sun

What are the implications of this statement?

"Neither Mr. Barron nor Mr. Rangel detailed at the meeting why the president's proposals were harmful to the black community. When asked for specifics by The New York Sun after the event, Mr. Rangel said, "The progressive nature of being able to get returns means that lower-income people benefit more than higher-income people" from the Social Security system. Since members of minority groups disproportionately constitute the lower income brackets, the congressman said, they stand to lose the most from Mr. Bush's efforts..."

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