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Tuesday, April 26, 2005

Grassley Open to Focusing on Solvency, Dropping Private Accounts

This would be encouraging, but I don't think the GOP is ready to decouple solvency and privatization:

CNN Money:  Retirement debate to heat up in Senate ... Grassley, according to USA Today, said he would be open to coming up with a bill that focuses on solvency and puts aside individual accounts for now...

The fact that there is an emerging recognition that solvency and privatization are separate issues is, however, a step in the right direction. [Update:  CNN has more here.]

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    Posted by on Tuesday, April 26, 2005 at 01:08 AM in Economics, Politics, Social Security | Permalink  TrackBack (0)  Comments (0)

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