September 24, 2007 /

Bush Back On Social Security

Dejavu all over: The Bush administration said Monday the only way to permanently fix Social Security is through some combination of benefit cuts and tax increases. That was one of the key findings in a new paper on Social Security released by the Treasury Department in an effort to achieve common ground on the politically […]

Dejavu all over:

The Bush administration said Monday the only way to permanently fix Social Security is through some combination of benefit cuts and tax increases.

That was one of the key findings in a new paper on Social Security released by the Treasury Department in an effort to achieve common ground on the politically explosive issue.

“Social Security can be made permanently solvent only by reducing the present value of scheduled benefits and/or increasing the present value of scheduled tax increases,” the paper said. The Treasury paper said that while other changes to the giant benefit program might be desirable “only these changes can restore solvency permanently.”

Of course they are throwing tax hikes in there to scare the conservatives into buying onto the Bush plan. Here might be a way to fund this better – how about spending the $150 billion a year for this failed war on Social Security? Yeah – the murderers in the White House will never allow that.

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