Socially Debatable

The House GOP Leadership has taken it upon themselves to introduce another Social Security reform bill in the wake of The Administration's severe lack of support for social security privatization, and their quiet backtrack on that plan.

The proposal sidesteps the politically thorny issues of reducing Social Security benefits or allowing the money to be invested in the stock market.

Under the plan, investment accounts -- referred to as personal accounts by most Republicans and private accounts by most Democrats -- would be funded with the existing Social Security surplus, rather than diverting a portion of the payroll tax.

Social Security benefits would not be altered, and the money in the accounts would be invested only in U.S. Treasury bonds.

Ahh the clever political side-step...