Washington (The Weekly Standard) Vol. 010, Issue 14 - 12/20/2004 - THERE'S A WORST CASE SCENARIO for Social Security (news - web sites) reform that haunts the White House. It goes like this. With great fanfare, President Bush (news - web sites) announces his plan for overhauling Social Security, creating private investment accounts for every American worker, and making the system solvent. He touts his proposal in his inauguration speech, the State of the Union address, and his budget. But when Bush unveils an actual bill--probably in February, maybe later in 2005--congressional Democrats scream that it would cut Social Security benefits by 40 percent. Worse for Bush, a number of prominent Republicans agree and criticize the president's plan, especially the benefits change. The result: Social Security reform is dead on arrival on Capitol Hill.