Wednesday, March 09, 2005

I'm Shocked - Shocked, I Tell You...

GAO says: Social Security crisis? What crisis?

WASHINGTON - Social Security "does not face an immediate crisis," the head of the Government Accountability Office said Wednesday, but it does face a long-term financing problem 'and it would be prudent to address it sooner rather than later.

David M. Walker, who heads the nonpartisan Office of Comptroller General, also criticized President Bush for undertaking an aggressive two-month tour to try to sell his plan for allowing younger workers to divert a portion of their Social Security payroll taxes into private investment accounts...