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| Privatized Social Security - Take 2 The Christian Science Monitor  [Opinion] June 27, 2005 Excerpt: [A] group of influential Republican members of Congress last week announced a plan to use the system's current cash surplus - rather than future payroll tax revenues - to finance these accounts. .... The 11 Republican senators sponsoring the new legislation bill it as 'Stop the Raid on Social Security.' Here's the logic: Social Security has big surpluses. For years, Congress has 'borrowed' them to make the 'unified' budget deficit look smaller. Their plan ... would end that. |
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