This from today’s Evans-Novak Political Report:
Democrats are finally talking about reforms that would keep Social Security solvent, but they want a solution that the President had been unwilling to embrace in the past — tax-hikes generally, and specifically an increase in the maximum income subject to the Social Security tax. Conservatives are very distrustful of whether President Bush will keep his 2002 promise only to allow a tax hike over his own dead body.
The Bush Administration has been noticeably dodgy about this. In an interview on CNBC, Larry Kudlow could not get White House economic advisor Al Hubbard to promise that President Bush would not accept a tax-hike as part of the Social Security solution.