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Tuesday, April 19, 2005

Ron Insana Inverviews President Bush on SS

Tonight CNBC will air a 30-minute interview of President Bush by Ron Insana. Although I saw only a brief clip this morning, Bush has never sounded better on his social security reforms. Although Insana asked a few pointed questions that indicated skepticism due to "stock market volatility," and "transition costs," Bush handled them very well. More importantly, Bush is debunking the transition cost myth by explaining that we already have an unfunded liability of $11 trillion (something the MSM seems more than happy to ignore).

I'll try to catch the whole interview tonight.