We find the president’s claim to be mostly false.
■Few if any Republicans now in Congress have ever pushed for total "privatization" of Social Security. What President Bush proposed in 2005 was to allow workers under the age of 55 to invest a portion of their Social Security taxes in private accounts. Most of their taxes would have continued to go into traditional Social Security.
■Bush’s proposal to create private accounts had so little Republican support in 2005 — when the GOP controlled both the House and Senate — that it was never introduced as formal legislation. We’ve seen no evidence to suggest the idea is any more popular among Republicans now.
■Only one Republican "leader" is currently pushing publicly for Bush-style private accounts, as part of an overall budget plan. He is Rep. Paul Ryan of Wisconsin, the senior GOP member of the House Budget Committee. His plan currently has only 13 cosponsors, none of them in the GOP House leadership.
In other words, Obama was lying when he claimed Republicans of having small government principles. Not sure if the GOP should be excited about that one.