Liberal Group Blasts Bush Projections

Campaign for America’s Future, Washington, a group with ties to the liberal wing of the Democratic Party, says administration officials skewed Social Security and Medicare trust fund projections by calculating the numbers over an “infinite horizon,” rather than simply looking 10 years, 20 years or 30 years into the future.

Trying to predict what the world will be like many decades in the future has more to do with science fiction than with hard-headed policy analysis, Campaign for America’s Future argues.

The administration’s own figures suggest that privatization efforts could end up increasing program expenses, the group adds.