According to the Bush Administration, the Social Security Administration is approaching a potential deficit of 13+ trillion dollars and an overhaul of the system is needed. This is not the first time the Bush Administration has attempted to address the problems associated with Social Security as this was a major campaign issue in both his first and second term. So far, it has stalled completely and remains, like immigration reform, a domestic agenda that has very little support.

Reforming and fixing Social Security was a major aspect of Bush's domestic agenda, but it never gained much traction. In 2005, as the AP notes, Bush had pushed a privatization plan that would provide accounts for younger voters. This proposal never even came up to a vote in congress as it lacked Democratic and Republican support. Now, Bush is attempting to promote a variant of this plan, but it does not seem there is much progress being made on amassing more supporters. Senate Majority Leader Harry Reid has gone on record opposing any plan that would involve privatization so if Bush's plan includes any aspects of involving the private sector, it will be dead in the water.