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And:
In the section of his remarks titled "The Future of Social Security," he also notes that it is better to act sooner rather than later: "The sooner efforts are made to address the long-term imbalance in the federal budget -- and in Social Security in particular -- the less difficult the adjustments will be."
Perhaps it is best, at least for Mr. Holtz-Eakin, that the left has largely overlooked his comments. After Federal Reserve Chairman Alan Greenspan endorsed personal accounts, the side of the blogosphere that is nuttier than a Planter's factory launched a campaign to discredit him. However, now the cat is out of the bag. Mr. Holtz-Eakin, keep an eye on your email box.
David Hogberg is a senior research analyst at the Capital Research Center. He also hosts his own website, Hog Haven.
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