Friday, February 25, 2011

Senate Democrats Eye the Lockbox for Social Security, in Al Gore Revival -

By Alexander Bolton

Senate Democrats want to put the Social Security trust fund in a lockbox and insulate it from a broader budget-cutting package designed to reduce the national deficit.

It’s a revival of the concept that former Vice President Al Gore (D) made famous when he sparred with George W. Bush over a proposal to invest a portion of Social Security funds in the private market.
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