The nation's largest seniors' lobby will oppose any proposal that takes tax money out of Social Security to create private investment accounts for today's workers, the head of AARP said Monday. That puts the group on a collision course with President Bush and Republicans in Congress.
AARP has already unleashed an advertising campaign against Bush's expected proposal. The comments by William Novelli appear to slam the door on overtures from GOP congressional leaders, who hoped the seniors' group might support a compromise plan that includes private accounts. Just last week, Rep. Jim McCrery, R-La., chairman of a House subcommittee on Social Security, said he wants to include AARP in talks when his panel begins work on legislation.
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