Sunday, March 24, 2002

Lockbox or Not, Social Security's Ills Grow Democrats are casting this year's budget fight in Congress as a test of which party can do more to wean the government off of using excess Social Security revenue to pay for general programs. As one way of making their point, Democrats are preparing to assail the administration for having to request an increase in the legal limit on the national debt, a step they say proves that the tax cut last year was fiscally irresponsible. In the wake of the Enron (news/quote) collapse � and looking for an issue to carry into the Congressional elections this fall � Democrats are trying to focus attention again on the push by Mr. Bush and many conservatives to let workers invest a portion of their Social Security taxes in the stock market. http://www.nytimes.com/2002/03/24/business/yourmoney/24VIEW.html?todaysheadlines&pagewanted=all