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Excerpts from the Washington Post's Editorial "A Phony Lockbox"

June 8, 1999

"The legislation would do nothing to solve the Social Security's financial problem either. The long-term mismatch between prospective revenues and costs would continue to exist. Nor would the bill make any operational change in the shorter run. . . . The lockbox is thus a sham…"

Read the full text of the Washington Post's editorial

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"And there are more ideas-driven initiatives to come, including the partial privatization of Social Security, an issue that would still be unthinkable were it not for the relentless agitation of places like the Heritage Foundation and the Cato Institute."

- The Economist
February 10, 2001