No Crisis Here. Move Along.

HUMAN EVENTS Asks Congress: Was Bush Right to Pledge No Payroll Tax Hike?

SEN. MARK DAYTON (D.-MINN.): He doesn't have a plan or proposal, yet he's got these conditions. I mean, if he wants to open this whole subject up, I think we have to turn over all the cards face up on the table. Right now, the fund has a $180-billion annual surplus from the existing payroll taxes. There's not a revenue problem now, and depending on how you compute the [Social Security] trust fund and its assets, it's not a financial problem in 2018, as [Bush] cites. So if we're going to be compelled to deal with this, we need to objectively and factually see what we need to do and how to accomplish that.