Word: dole
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...Reported by Michael Duffy and J.F.O. McAllister/Washington and Tamala M. Edwards with Dole...
...year history is actually in the offing--a move toward privatizing at least a portion of the system so that workers could establish individual retirement accounts and invest in stocks and bonds. Still, swift action is unlikely. It's an election year, after all. Bill Clinton and Bob Dole will surely avoid supporting a solution without knowing how voters will react. But a loud and necessary conversation about the future financial security of all Americans will finally begin this week...
...Dole has been intimately involved with Social Security for two decades and has shown considerable courage. In 1985 he had the guts and skill to steer through the Senate a one-year elimination of cost-of-living increases, a deficit-reduction measure later blamed for the G.O.P.'s loss of the Senate in 1986. Yet last summer, when I asked him if leadership didn't demand that he at least remind seniors that they get far more out of Social Security than they pay in, Dole said, "I'm not gonna tell them that. There's something called suicide...
...fixing" Social Security by permitting stock investments would be less politically painful than alternatives like means testing. So it's hardly surprising that in February, Dole spoke of the "possibility," of "something that lets people, say, below 45, maybe opt out of Social Security. But it won't be easy...
...TIME BOB DOLE LEARNED THAT HE HAD prostate cancer, he had already mounted two unsuccessful campaigns for the Republican presidential nomination. At first, he assumed that his condition would rule out a third attempt. No one who has had cancer has ever been elected President of the U.S. Then, like so many American men who catch the malignancy in its early stages, Dole found out that his chances of beating it were excellent. His tumor, which doctors removed along with the rest of his prostate five years ago, was quite small and did not seem to have spread...