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.]
Posted by Mark Thoma on Tuesday, April 26, 2005 at 01:08 AM in Economics, Politics, Social Security |
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