Treasury Chief says Public remains skeptical of Social Security Overhaul - WSFA.com Montgomery Alabama news.

Treasury Chief says Public remains skeptical of Social Security Overhaul

WASHINGTON(AP)_ Treasury Secretary John Snow admits the American public -- and even Congress -- remain pretty skeptical about new plans to overhaul Social Security.

In recent weeks, President Bush has traveled to eight states to conduct campaign-style events to explain his Social Security proposals. This week alone, backers in Congress are holding meetings all over the country in an effort to build support. But, as the Treasury chief puts it, "We still have some work to do."

Snow also says Congress is leery about the proposal to create personal accounts.

He says administration officials are emphasizing Social Security's long-term financial problems -- and why young people should have a chance to divert some payroll taxes into those accounts.

Snow describes this as the early stages of a long educational process.

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