Social Security Repeal Dead in the Water

American Prospect Online - ViewWeb: "For the first time, a signature Bush initiative could go down, before it is even put into legislative form. And there is only one reason: Democrats are unified in their opposition and are hanging tough.

Bush, after all, has legislative majorities in both Houses. But privatizing Social Security requires either raising taxes, or cutting benefits, or increasing the national debt. Any one of these approaches causes some group of Republicans to get off the bus. That's why the Republicans are looking so desperately for bipartisan cover."