Steve Soto has a great catch today over at the TPMCafe Economics discussion table about Social Security front. Sens. DeMint, Santorum and Graham next week will unveil a new plan to fund private accounts out of the money that’s supposed to go into the Trust Fund.
So, after months of claiming that the sky is falling because the Trust Fund won’t keep growing forever or, alternatively, that the Trust Fund doesn’t exist at all, they now offer a new solution, raid the Trust Fund now to fund private accounts.
