Bush to Revive Social Security Tax Plan
By SCOTT LINDLAW
Associated Press Writer

January 16, 2004, 12:09 PM EST

WASHINGTON -- President Bush will use next week's State of the Union address to try to revive a proposal that would allow younger workers to invest a portion of their Social Security taxes in the stock market, the White House said Friday.

His election-year agenda also calls for pressing Congress to make already-enacted tax cuts permanent, such as the elimination of inheritances taxes and reductions in capital gains taxes. Bush is likely to renew his push for a new kind of tax-preferred savings accounts that could be used for retirement, college, health care or other purposes.