Huh?

In the New York Times editorial that is critical of Paul Ryan's budget proposal, we read:

The blueprint does not call for any specific changes to Social Security, but, without explanation, it assumes a reduction of $1 trillion over 10 years in the program’s surplus. That would weaken the program by hastening the insolvency of Social Security.

What is that? A plan to dishonor $1 trillion in bonds held by the Social Security Trust? It will be worthwhile to examine this part of Ryan's proposal.


posted by Quiddity at 4/06/2011 10:15:00 AM