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White House pushes plan to invest Social Security funds
President Clinton faces strong pushback as his plan to invest hundreds of billions of Social Security surpluses in the stock market draws heavy criticism from Republicans and Greenspan. Treasury, aides, and allies argue for independence and long term debt reduction while opponents warn of political interference and conflicts.
MENTIONED IN THIS ARTICLE
Ashington
Clinton
Bill Archer
Texas
House
Ways and Means
Federal Reserve
Alan Greenspan
Archer
Greenspan
Treasury
Robert Rubin
Rubin
NBC
Jesse Jackson
Gene Sperling
White House
Fed
Congress
Social Security
Congressional Democrats
Dick Armey