The New Year Will Bring Important Developments

Summary


In 2005, we are on track to see the same momentous occurrence in Iraq. This storied land, home to the world's most ancient civilization, will see its first free and fair elections as her people establish a democracy. Will there be setbacks and problems? Possibly. But what we do know is this: for decades, this was a nation that knew only tyranny and dictatorship, without hope and without freedom. For the Iraqi people, this New Year offers unprecedented and enormous promise.

One of most important legislative initiatives we shall see in 2005 will be a plan to improve and strengthen the Social Security program and preserve it for future generations. As the Baby Boomer generation retires, the system will be placed under tremendous strain and will eventually become insolvent unless we take steps soon. President Bush has shown courage and vision in addressing this issue now. Delaying action would only make changes that are inevitable more painful to implement.

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Extract


The New Year Will Bring Important Developments

New Year's is not just a time for ringing out the old year and ringing in the new. It is a time to reflect on how far we have come over the past twelve months, and where we are going.

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