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GOP sets June target for social security draft legislation

[JURIST] House Republicans on Friday said they planned to finish drafting social security reform legislation by June, a day after President Bush in a prime-time press conference [transcript] challenged legislators to move forward on the issue. House Ways and Means Committee Chairman Bill Thomas [official website] said Republicans would expand on simply social security and offer more comprehensive retirement legislation that could address health care and private retirement savings. Thomas said he plans to hold weekly hearings throughout May until the legislation is ready. Senate Finance Committee Chairman Charles Grassley [official website] said he hoped to complete draft legislation for consideration by the end of July. The White House has more on social security reform. AP has more.

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