Nancy Pelosi in March on Fox News:
WALLACE: My question is, the Democrats - it's their plan, Social Security - what is your idea of how to solve the long-term solvency issue?
PELOSI: First, may I just say of that, that is what the taxpayers' dollar, a political ad on the Internet of the House Republican leadership. But that's another issue.
WALLACE: What's your plan?
(CROSSTALK)
PELOSI: The facts, I said, are these.
What?
WALLACE: What's your plan to solve the long-term solvency?
PELOSI: The plan for solvency is to stop robbing Social Security of its money for other purposes.
Posted by Chris Schrimpf
Comments
How about if they just take the surplus and buy back government debt? That way, you'd be reducing the deficit so that later, borrowing wouldn't hurt as much? This is a far better idea then personal equity accounts.
