Post Opposes Social Security Privatization
Allard's staff said the figures came from the Congressional Budget Office, but a CBO report actually portrays a different and subtler scenario. The CBO did in fact note the 2018 date, but it also says Social Security has enough income and reserves to pay all current benefits until 2052. After that, the system could still pay 80 percent of the now-promised benefits. Thus, Social Security likely would be in the black until mid-century, even if Congress does nothing.This editorial would be expected from a newspaper that opposed Bush in the last election, not from the Post. Either it is an early case of buyer's remorse, or the Post editorial board is so divided that the paper will come out in support of Bush on some issues and against him on others in a hard to predict fashion. If it is the latter, it could be a long four years for the Post's editorialists.
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