Thursday, December 02, 2004

Nov 23, 2004: The trillion dollar swindle: "As they lay the groundwork for what will probably be a controversial fight over Social Security, Republican lawmakers and the Bush administration are examining a number of accounting strategies that would allow the expensive transition to a partially privatized Social Security system without — at least on paper — expanding the country's record annual budget deficits. The strategies include, for example, moving the costs of Social Security reform 'off-budget' so they are not counted against the government's yearly shortfall."

(Via DNC: Kicking Ass.)