Saturday, April 30, 2005


Yglesias is right. You can't compare a plan which doesn't include a transfer of $2 trillion from the general fund to one that does. The Pozen plan only achieves solvency by transferring $2 trillion from the general fund, and that's on top of whatever additional infusion that private accounts would require. If a Democrat came out tomorrow and propose closing a lot of the funding gap simply by diverting general revenues they'd be roundly mocked by the axis of Russert. But, this appears to be an overlooked feature of numerous Republican plans that are floating around out there. As we know, IOKIYAR.